Very high risk IMO - an Aust company operating in Rural Pakistan is a sitter for terrorism given Australias new found enemies in the region.
Sit and ride the wave maybe - though I think there are much safer plays - say.... UCL in Iran!!!!! This is right up there IMO.
I have a rule that I never invest in companies in unstable regions - your investment can come undone in an instant - and there are very good alternatives in safer pastures. I would want at least a three fold better potential return from an operation in such an area than the alternative in somewhere safer like Australia - and I see multiple possibilities in Aust/Europe/China that look more solid and MUCH safer at this time.
What is the feeling amongst those already in the stock regarding these significant risks - I'm open to being talked into taking a stake though I am concerned about a pullback after such a sharp re-rating and expect profit-taking to hit this on Tuesday.
- Forums
- ASX - By Stock
- CXY
- why all the excitement about pakistan power
why all the excitement about pakistan power
-
- There are more pages in this discussion • 38 more messages in this thread...
You’re viewing a single post only. To view the entire thread just sign in or Join Now (FREE)