WA I have been posting in a similar vein for some time. I am puzzled though and I think you might be able to help. Why is it that with such a clear winner, tonnage, infrastructure etc etc the market does not give a toss about this share. It is similar in that regard to THX.
The Crabbe companies are not favoured and do not ghet the benefit of any doubt.
In a hot market I would have thought that ROY would be now 35c on value and 10c for the spec side but no we are at 18-20c. Very upsetting.
In terms of a take over that really is up to management to find a decent partner or buy out prospect and there again you are I think close to the decision makers.
The ghost of the UMC rip off haunts these companies.
I hope it all goes well as I have invested by my standards quite heavily in this one.
huge tonnage of iron ore, page-5
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