I am ready to convert if necessary or if the deal is better that way .. IE: They make it worthwhile by giving new options with the CR ??? It could be a 1 for 4 issue with an option thrown in ... that would be ideal . Just guessing though .
After the recon the oppies will still demand great leverage and have heaps of time left . So in essence I don't mind either way .
They could easily come up with new leases during the closure and that will mean they could re-open with a great premium for those that hold for a reasonable time . If they come up new deals earlier then it should run on that news too .
Perhaps the clincher to getting new blood onboard will be new appointments . Those that wait for the announcements before buying will not do half as well as those who see what is coming and get set early . It will take some good prices to entice top holders to shed a few . The float must come from them as there is just not enough free float for large volume .
Tight as a fish's when it comes to volume .
- Forums
- ASX - By Stock
- Ann: Half Yearly Report
I am ready to convert if necessary or if the deal is better that...
-
- There are more pages in this discussion • 10 more messages in this thread...
You’re viewing a single post only. To view the entire thread just sign in or Join Now (FREE)
Featured News
Add ROB (ASX) to my watchlist
Currently unlisted public company.
The Watchlist
SER
STRATEGIC ENERGY RESOURCES LIMITED
David DeTata, Managing Director
David DeTata
Managing Director
SPONSORED BY The Market Online