Non holders are better positioned to be (generally) more objective.
People who hold stock tend to defend their reasoning (and the company itself) why they made the decision to buy in, with all sorts of excuses. It offers them comfort that they didn't make a bad choice, event though the opposite might be true.
It's just the way humans behave!
Gina would have an ulterior motive.
It's absolutely pointless trying to second guess what that might be either.
Out of all the companies she could splash her billions around with, why LKO?
Although the share price has a bit to go for me to break even, I remain optimistic that the Victorian Gov't will "get over" any issues they have with fracing.
They may even follow QLDs lead?
QLD's Newman LNP Gov't announced yesterday it was lifting bans on shale oil mining.
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