mjgol,
I fully agree. I've a glass half full perspective on this one. Bought 1 million more shares this morning.
The announcement just proves another poor decision by the board - add it to the list. Trying to make a quick profit and didn't do the due dilligence on LG. I'm a little disappointed SBL's price didn't drop further today so I could get them cheaper. Still very much believe in the underlying deposits and infrastructure. I think the hedge funds also see the same and at some point they will tip the board out.
Huge volume this morning - hopefully we'll see revised holdings from the hedgies.
Stu
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