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08/04/24
14:21
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Originally posted by TheSeen:
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Hold your horses everyone. We know it is at least worth more than $1.40 at the moment. The market is not efficient. The independent directors will act in our best interest, and as such, lets redirect the discussion to future prospects. It would be worthwhile for us all if we discussed the recovery of the unemployment rate and its determinants, and their effect on the financial performance of the firm. They are seeking an extension for the debt maturing in the next 2 years, if this is granted, we will avoid a cap raise. And, lets not forget the billion dollar contract we won early last month. It's just a game of patience in my opinion.But if the company doesn't fit your risk appetite, you should definitely exit. I am kicking myself for not selling at $1.70, but I surely won't be selling at these prices. Need to go back to the drawing board for some macro modelling. Also, where is the divvie ann?
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Sometimes, it is better to take the profit. The share price will tell you whether it is worth 1.40 or not... at this stage, it is not.. I had my buy at 90c before the suspension.. but I think I will wait and see. i could be lucky second times.. If apm is truely considering 1.40.. you would think it is a bit desperate... it is not binding.. so nothing is pen down