CXU 15.0% 2.3¢ cauldron energy limited

Ann: Change in substantial holding, page-12

  1. 1,013 Posts.
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    Yeah, regardless of costs, pretty sure Jono has said he'd be looking for a new asset in another jurisdiction - maybe offshore? Crazy to double the bet on a WA asset with still the Labor Party policy as a roadblock. I too was one of those TOE holders last year and 'saw the light' for what I saw as a bunch of inept directors happy to cash their pay cheque for doing nothing and with no desire to move things forward one inch - absolute night and day for what is happening with CXU and the communication of Jono. So moved my whole holding into CXU and took the loss as holding a stock to 'get your money back' is a ridiculous goal if you can see value elsewhere and don't like your current holding. So the loss I took on TOE would still be sitting at exactly the same level today for where the SP is while putting it into CXU has....*checks notes*.....made me triple digit % gains.
    Last edited by Fernit: 15/02/24
 
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