BRL 0.00% 73.0¢ bathurst resources limited.

Ann: Quarterly activities report, page-13

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  1. 3,202 Posts.
    lightbulb Created with Sketch. 444
    unfortunately some investors have shown they are incapable of looking passed the headlines numbers many times before.
    So here we have a company upgrading EBITDA  2 times in 3 months and is trading at 1.8 x EBITDA which appears to be a bargin.
    Everyone on this thread knows I was calling the management out over a year ago for being self serving....among other things.
    Got persistently shot down by the likes of IJ who believes and is on record saying the conversion of the RCPS were a non event and not note worthy.
    Well IJ your company continues to perform as an amazing cash cow yet since the RCPS decision the SP is down 30%.
    Some investors are slower than others at joining the dots.
    Some investors don't know when to cut there losses......IJ  I see you are still holding and talking up the stock on another thread you bought for $3 plus 5 years ago.....now trading at $1.35.

    Market has made a judgement on management..........there is no other reason for the share to continue to flounder  but I am sure some will still be scratching their heads 
    Last edited by xmanrocks: 25/01/19
 
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