So far so good in that its holding the cr price.
Its deeply oversold and is even more oversold than the March low which was lower in price.
The company should begin to recover once these disastrous so called hedges are unwound which is the end of the year If I remember.
Having confidence in this management is a huge problem and all they are doing at the moment is fighting for survival. A fight that they would appear to winning for the moment.
The question is, is it worth a punt at these deeply oversold levels?
I think I will wait and watch.There is far better out there.
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