re: Ann: Presentation to ASX Spotlight Confer...
so the AUD is down 5%.....the point i am saying is a 5% drop in the AUD is not equal to a 5% drop in the option value.....as the option also has a time value for monday element in it....i dontknow the specifics but a there is no way the drop would be from $56m to the $20m figure you are quoting..
i also would have prefered if they hadn't POSTPONED their future expansion but I trust that their judgement and know their interests are aligned with mine so am happy to let it be! Certainly not selling my shares like you are.
SAR Price at posting:
16.3¢ Sentiment: LT Buy Disclosure: Held