DXC 1.47% $2.76 dexus convenience retail reit

about time, page-29

  1. 1,414 Posts.
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    My call on the additional rigs was on the money & to add some clarity to the Captain Starlight nominees/Findlay connection - the reality here is that they held the stock since the float (there has been no real accumulation below 10c - check the trading records), they like us have watched it fall & held like the rest & now due to the unwinding of Findlays & the fact that the share are back above the float price, some will come out & good.... as T4P highlighted unfortunately most original holders ie since float, have had a depressing time with AQR, seeing them float at 20c then rise to 30c then fall to about 2c, then sit between 5c - 8c for a hell of a longtime (well up to last week really) on no turnover. No there's been a discovery & 5000m of additional drilling set to gauge the real value of AQR & even at 30c thats about $30m which I still consider be cheap.
    I assume all news being positive that the 30c director/management oppies will be exercised, as I'm sure management is fastracking drilling (as we can see be todays announcement) & analysis to ensure they are well informed before plonking in $9m at 30c

    Good luck to holders
 
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