Might sound like a silly question for most, but I've been holding since August 05 and after finally seeing some real value being realised, I am tempted to sell.
People say the New Hope bid is undervalued at around $2.55 - $2.60 but dont forget we were around $1.60 a few weeks ago, well after the Aug 16 capitulation.
My fear is if holders vote for a capital raising on Oct 31 instead, assuming no further bid/s, we will go south again quickly.
Also, the timing of New Hope's bid has me suspicious, just days before a Rights Issue announcement, does nothing to hurt the potential raising price. Just a coincidence?
Any thoughts, especially those who went to AGM - was their any indication of the company's perceived value?
RSP Price at posting:
0.0¢ Sentiment: None Disclosure: Held
