I think they’re both telling porkies. Not such a risky move for PMT, as they don’t have any time pressure. It’s a very risky move for WR1 though, because if Renard falls over, he’s just spent the last 6 months telling everyone how a greenfield development doesn’t make sense because it’s so bloody expensive…
WR1 Price at posting:
27.0¢ Sentiment: Hold Disclosure: Held
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