you only need to look right through the market and see how lots of great announcements get little traction or are even sold into heavily, its symbiotic of how poorly the lower end of the market is tracking at the moment. This end of the market is higher risk/reward, so when its risk off mentality like it is at the moment, its extremely hard to get any sort of serious re rate
Yes we are under valued - so many are, market mentality has to change a lot
Ann: Kiwi 1 Extended Production Test (EPT) Update, page-17
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