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Ann: Response to Foreign Shorter Opinion Piece, page-50

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Old Engineer

4,897 Posts.

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04/04/18

14:41

Post #: 32215540
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Originally posted by barazza ↑

I have taken a further position at these opportune prices. The way I see it there is real value here if you believe in the story. Instos climbed in at 11.50 injecting 100m and there is now no debt. Yes the share price may go down further but a discount 26% on the spp is good enough for me to increase my position. I have been a holder since buying in at 2.77 and looking down the line in the next couple of years if earnings perform as anticipated prices at this level will be cheap.

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I was hoping to pick a few up at around $7 or so. Look like I've missed out.

BLA Price at posting: $8.54 Sentiment: Hold Disclosure: Held
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