FIRSTLY HAPPY ANZAC DAY FELLOW RES PEOPLE - lest we forget
While PJ rejecting the debt package is good for SH on a LT basis it certainly doesnt give the mkt any confidence that a patchwork finance approach will be anymore viable. PJ will get there i am sure but def ST pain in SP performance.
The market (instos) know there is a 100-200 equity raise round the corner so the cheaper the shares the more shares issued to the big players - they might be walking this SP down - more dilution for us and mgmt team.
Def need some 'unlocking of project value' as per the many presentations
Nothing we can do but watch unfort
I stick by 1st coal in Jan 2016 prediction
- Forums
- ASX - By Stock
- RES
- short term pain long term gain
short term pain long term gain
-
- There are more pages in this discussion • 49 more messages in this thread...
You’re viewing a single post only. To view the entire thread just sign in or Join Now (FREE)