ASN 1.33% 7.4¢ anson resources limited

Ann: Anson Increases Paradox Brine Project Acreage, page-82

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  1. 27,757 Posts.
    lightbulb Created with Sketch. 3360
    theres cheap, and then theres cheaper.

    4 m mc? oh dear. thats the price someone sold at.

    why? stop loss? - not much thinking going on imo.

    Apart, from that the market is "here and now!" cataylst focussed.

    if you're not doing handstands and cartwheels on stage right now, the market is priced thinly and sellers will move it.

    So, i dont expect fireworks, not until the drilling of this brine occurs, that is where the fizz has left this drink.

    But,,,, you pay today for multiples that will return over a longer time frame. imo.

    WHen cheap reaches ridiculous, there are short term bounces that should offer gains.
 
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