Sorry, but can someone add something tangible? Rather than "cheap, cheap". It was cheap at 80c as well.
A cost blowout of $600m, for a company with a capitalisation of the same-ish, is relevant. The reason it is cheap (and I actually agree) is that the market not trust their ability to bring it in at this new level, and they now have a wad more debt to pay off first.
I know I will be shot down for this sentiment, but maybe a few facts, either positive or negative, will help the debate?
GBG Price at posting:
52.5¢ Sentiment: LT Buy Disclosure: Not Held