Well, I had hoped for this. I am not a fan of Frydenberg at all, however it seems that sometimes they can make decisions that appear to be fair, and based on justice being done. Reading between the lines is that once they get their cases dealt with, they can go.
The effect on the SP is palpable, and I think this is now a good opportunity for those already holding to average down. As such I am updating my sentiment to buy in this case, specifically for those already holding. I may take a nibble here and bring my average down from >$2.00 into the 40-50c mark.
I do not suggest that those not already holding take a position.
GSW Price at posting:
29.0¢ Sentiment: Buy Disclosure: Held
