cheap cheap

I couldn't help myself and brought in today, current cash balance higher than market capitalisation and mathews capital nearing the end of it's sell down.

This stock has been flogged and agree with a change of government early next month, JV negotiations with China and other jnr coal miners starting to attract buying interest i brought some to put away for the ride.

Huge resource of the best coal Thermal, close to rain and xstrata and New Hope Coal mining operations.

Time will tell but i feel like it the share price may have bottomed.

Interested in hearing your thoughts...