200m long tern agreement, page-25

Just a bit surprised at the seemingly "muted" response from the market.

The sp did shoot up 15% yesterday at the start and I thought this was just the beginning as the quality of news was outstanding. Wasn't the serviceability of the impending debt a big noose around our necks? If there was a golden solution to that issue, shouldn't the gloom lift off in a more remarkable way than what we have seen in the last 24 hours?

I know that we take an elevator when the sp is going down and take the stairs when we are going up, but this not the pace I thought we will see. But the market moves in a mysterious way and we seldom get it right.

Still, early days. A lot of people will be inclined to look at PDN now and take a position as things can only improve here.

I have been buying small parcels all the way from $3.50 to $1.50 (average must be around $2+, so a long way to go before break even time). As a long term investment of 3 years +, this has to be one of the best place to invest your hard earned dough !!!