AUL 0.00% 28.5¢ austar gold limited

Ann: Letter to Shareholders, page-7

  1. 521 Posts.
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    It easy to get a bit frustrated with this company's SP.

    However, to mind mind at least, the subtext of the recent email is that there won't be a knockout announcement coming soon but to (please) stay patient.

    There has been a loss of one year's progress between the expected ALDP results (because of the election)
    and now the unruly behavior of the new Senate. This is obviously beyond the company's control.

    I intend to continue to hold and buy in the troughs. As well, I will be taking up the full $15000 on offer.

    Obviously others with different investment strategies (and lower appetites for the risk/reward side of things)
    will use their own judgement.

    Cheers,
    Blackpete
 
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