Hi Guys, Been following your posts for a while and appreciate the info provided. Like most I have lost a lot of savings (>$70k). It’s a hard pill to swallow but I now accept it. It is a big shame to see funding could not be organised by the board members that get paid high saleries just to see it all go down in the final stretch. A lot of great things are happening in the market, trumps visit to india for trade and the temporary tariff exemptions for lng to China. It looks like we just need a bit more time...as I read the below article tittled “bail out offer” it sickens me to think someone will pick this up and complete the deal in the not too distant future whilst we all get the royal shaft.
Id rather see the assets go to charity or something rather than see some other mob pick It up for a bargain and capitalise on our losses.
https://www.google.com.au/amp/s/themarketherald.com.au/liquified-natural-gas-asxlng-receives-bail-out-offer-from-singaporean-company-2020-03-02/amp/
good of luck to you all on your future investments.
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