Hi crazybull. I’m suggesting SPP as in Dec 22 and the recent smaller one are discussed and planned well before between vested parties.
We all see the latest one appalling timing and terms re options thrown in. The Dec 22 everyone celebrated hard as SP went on a tear and Gina was an angel.
We will know by June next year if anything sinister but I suspect not. As the Ann’s arrive - yes the long awaited critical closure to off takes and finance are anned the so will recover.
If not we have been had. However I see a similar play to that of Lynas and PLS whom struggled and nearly fell.
Binding key Ann’s remain the issue. Management and their chummy institutions would know exactly where all that sits. EOFY so another insto massage and painful dilution - market cap for retail to absorb again. Surely anyone can see they would have discussed the fallout and perhaps even planned it - strategized it for Instos benefit. Nothing happens by chance in BEOT - shift of wealth - Lassonde Curve institute play. They know retail are scarred already from BS company misses and are easy to relieve - with zero conscience these 1000kg gorillas arrive at the crucial time and do what they do.
Just my view and if I’m right in 4 years time I will be very happy. Even by EFY happy - but only if ….
ARU Price at posting:
15.8¢ Sentiment: Buy Disclosure: Held
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