ERA
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0.00% 3.8¢ energy resources of australia limited

The owner of Zentree used to run a pretty big hedge fund that...

  1. n00bmasta
    1,240 Posts.
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    13/10/15
    13:19
    Post #: 16166070
    The owner of Zentree used to run a pretty big hedge fund that specialized in Long Tail situations - aka low odds but big payoff. Perhaps this is another one of those plays?
    It seems really low probability (neg sentiment, neg news, RIO saying its dead etc) but large payoff (if RIO backflips and Ranger goes ahead).

    Personally I'd rather gamble at the casino - free drinks and free food!
    Last edited by n00bmasta: 13/10/15
    ERA Price at posting: 39.0¢ Sentiment: None Disclosure: Not Held
    Likes Created with Sketch. 2  Upvote
    lightbulb Created with Sketch.  Great analysis
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