Been musing on this myself. If we hit end of May / start of June without a deal and funds, the tax loss selling will be punishing, and we’ll be on the cusp of another raise at another substantial discount to that price. Surely they are not going to sleepwalk into this elephant trap with the same abject naivety to the market vagaries that they’ve so consistently displayed to date? Surely they’ve learnt SOMETHING? I fear I know the answer here.
Ann: Quarterly Activities/Appendix 4C Cash Flow Report, page-161
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