Lets be real here, this announcement is just a confirmation and its highly priced in, we have known for a long while that Fed, State and Townsville city council has gave a lot of support for the Tech project. lukeandrew's response was just purely excitement on that confirmation, I don't see any up-ramping from it. If there was any up-ramping reaction, it would have been on the GM equity deal day which was back in 12/10/22.
Meanwhile this response:
"I was happy to help any newcomers from making an investment decision...".
I believe there is no need for this sort of white knighting to protect newcomers. Investing in a stock is a self-made decision which will have biased tendencies, if you believe in the project, you invest with appropriate risk, simple as that.
If you sincerely have the newcomers wellbeing in-mind, you can remark objectively when the DFS comes out.
To me this white knighting felt more like a gate-keeping for self interest rather than for newcomers, which obviously benefits non-holders trying to get back in before the train leaves the platform. I rather listen to sdaji's neutral stance on the company then this unsubstantiated reaction.
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Lets be real here, this announcement is just a confirmation and...
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