What I noticed in the AR is that over the past year the total number of shareholders has decreased, while the % holdings of the Top Twenty has increased.
That = consolidation in my books. Still holding out for the eventual re-rate. There has been a bull/bear tussle going on for some time now, and a couple of false starts, I'm expecting there will be a trigger for the next sustained run. Maybe it will come off the back of the news re: US$10m being transferred into the JV?
Ann: 2016 Annual Report & Corporate Governance Statement-CNX.AX, page-7
-
- There are more pages in this discussion • 5 more messages in this thread...
You’re viewing a single post only. To view the entire thread just sign in or Join Now (FREE)