if it ever makes it back to 4.25c, ( wishful thinking)then that will be me out.its pretty obvious in this environment that there will be no finance. Macquarie bank has been hit hard so they will be scrambling, they have shareholders to look after let alone investing in a basket case.
if the finance has fallen over then now they can sell SNE or a % without having a secured debt to the 13.6% as stated in the investment presentation. So no repercussions from the banks
this will give them more cash to maintain their lifestyles and rockstar salaries.
fact is the market has valued the company on cash only and if that. There is no value at this point on the projects in the clouds looking for silver linings.
i haven’t seen any said posters putting up their figures and what the projects worth lately.
care and maintenance? They have no project to put into care and maintenance or is that referring to the personal hygiene of the ceo. Hair and nails
thank god for my other plays of late acquisitions with the rally over the last couple of days.
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