BRL 4.97% 84.5¢ bathurst resources limited.

Ann: Quarterly Activities Report, page-19

  1. 330 Posts.
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    Its not the markets responsibility to make you money IJ. Its not the markets responsibility to force a share up to your price expectations. Step back a moment if you will... there are hundreds of millions of shares with 1000% profit attached to them at 15 cents. I suggest there'll be some stiff resistance to the SP getting to - and holding at - your 24c any time soon. The market understands this. So, so-what if EBITDA has doubled, if holders are prepared to sell at 15 and take 1000% (or even 100%) why should the market put up its hand and say "I'll pay more". Of course the market cares! Each and every individual or institution that comprises the market cares - and first and foremost, they care about never paying more than they have to. I'm more than happy for someone to try and convince me otherwise.
 
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84.5¢
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82.0¢ 84.5¢ 81.5¢ $12.86K 15.51K

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1 264 81.0¢
 

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84.5¢ 6599 1
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