Rufrano sure hit a home run.
I hereby nominate him for CEO of the year. That is the best performance by a CEO of an Aussie company in as long as I can remember.
This company had no hope, zilch, nada, and zero equity value but if he convert some debt holders and sell some assets this thing will back at a $1 by years end.
I put some in the bottom draw today as although its hard to measure, the equity value will be rerated up.
Amazing.
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amazing news...real intrinsic value created
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