They've lost over $10 million on this (so far...). You have to wonder if it's just too hot in the kitchen for them. Coming up to EOFY so tax-loss selling and getting the remaining money out as they can't take the risk of a default. I still think it's unlikely but this is one of the hurdles then need to clear before 2027. I was planning to buy this week but it really does now feel like a 10:1 odds gamble.
CRN Price at posting:
11.5¢ Sentiment: Buy Disclosure: Not Held
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