The thing that irks me the most is that they do not say negotions are being finalised, or negotiations are continuing with 2/3 parties etc. There is simply nothing given away, which could mean there is noone with an offer on the table. This is what scares me the most.
Surely if a huge offer came in, you wouldnt need to continue assessing.
Im happy to continue holding however I do not want this to turn into a PEN whereby management keep their lips shut for 6 months with the sp sinking day by day. As soon as PEN management started communicating again, bang the sp went off like a rocket.
This all comes down to communication. If you have nothing, say you have nothing, if you have something, say you have something. It aint that hard and breach of confidentiality does not come into it.
I just want the honest truth regardless of what it is. This way i can decide what to do with my money rather than just pray and hope.
QFY Price at posting:
5.0¢ Sentiment: Buy Disclosure: Held
