G'day Charlie,
thanks for your response. I agree the market appears to be heavily focused on the outcome of the case, so do you think the 13.3% drop yesterday was a lessening of confidence re the case, or was to a degree related to the announcement.
TDs sentiment is right I think, the market is interpreting the recent rush of announcements/updates of new projects as a sign that a 'plan b' is increasingly more important to the company and this may be spooking investors to a degree. Of course every company has contingencies’, as well they should; however, the recent attention being shown to them at a time when the case should be nearing conclusion is a concern.
Thank you for those who are not interested in this topic for leaving it alone rather than attacking it, much appreciated!
Add to My Watchlist
What is My Watchlist?