BRL 0.00% 73.5¢ bathurst resources limited.

Probably the most frustrating stock I hold. Been in it since...

  1. 203 Posts.
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    Probably the most frustrating stock I hold. Been in it since 2013 and have averaged down along the way so have a decent paper profit.

    May get out, just can't be bothered any more. I still however think the share price is currently undervalued. But market sentiment can not be discounted when valuing this stock.

    Management only looking after themselves and their mates and as a result retail investors and institutions have no confidence in this outfit even though the numbers seem great.

    Dividend, share buyback, something positive for shareholders might give them a boost. The Jameson agreement although positive in the long term is still a costly proposition unless you're in this stock for the long haul won't do much for the stock price in the interim.

    A positive ruling the court case will have a greater effect on the share price IMO.


    Cheers
 
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