Share
767 Posts.
lightbulb Created with Sketch. 153
clock Created with Sketch. 09/05/22
07:47
Share
Originally posted by ChasingProfits:
↑
I agree with your sentiment, it is certainly an under appreciated and undervalued stock. I have taken a position here and will continue to buy on any weakness. I will definitely be taking up my rights entitlement too. Who knows, I might even buy some more if the market tanks further over the coming months. Sometimes the perceived sovereign risk can play on investors minds. Once investors start to realise the discrepancy/disconnect between price being paid and value being received then this will take off. South African energy investors have realised the value here as evidenced by the most recent capital raise. Once that is behind us, then I suspect we will start to re-rate as Aussie investors wake up to the opportunity as well.
Expand
ChasingProfits,
