Unfortunately we are just slip sliding away.
At least now we are at cash backing with NO value at all to any of the pipeline. This makes us a prime takeover target for a small premium.
I think this is the worse it will get but I have been wrong before.
Anything ewe get down above 2.80 is a bonus in my eyes.
I don't trust this mgmt at all. They have all failed us.
It took a bit of effort to stuff this up so convincingly.
Lesson learned.
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