AR1 0.00% 16.0¢ austral resources australia ltd

Ann: Debt Restructure Strengthens Financial Position for Growth, page-8

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  1. 6,138 Posts.
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    i sincerely hope it pans out as you hope,,, all those oither parties are getting their pound of flesh for sure. i would say im trying to be objective not negative, weight the upside and downside catalysts.. hopefull he pulls a canary out of his ass and its all peaches.. i just dont see much in the way of upside catalysts at the moment to overpower the loss of time value and company revaluation... meaning if you decide to hold.. its likely to be a bottom drawer stock certificate for an unknown length of time.

    first you have to revalue downwards, then you have to wait for all those who might want to take their money elsewhere, which will leave the SP depressed, then you have to find a new catalyst that is going to be tasty enough to draw in new money, being undervalued in and of itself on current operations isnt going to be enough to draw in new money in my opinion... there needs to be upside potential
 
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