Some people act like ASN is the only company that requires CR's and this being the sole reason for the SP's decline. I could name multiple lithium plays that have declined as much or even further even with supposedly well executed CR's.
IMO the reason lays with the continual downtrend in the sector and punters withdrawing to follow the money into gold stocks (and some questionable ones at that) which is the flavour at the moment as it's all part of the economic cycle.
If Trump is successful in pulling of a trade deal with China then sentiment will turn as America's economy is still quite strong and anyone still holding onto over pumped golden speckies with stuff all fundamentals dreaming of retirement will be caught with there pants down. So I guess time will tell how this all plays out and for that reason I'm happy to hold for now.
Mari05
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