it looks like directors have been keeping an eye on hotcopper posts (only joking[;)
I don't mind good performance being rewarded but these guys haven't given shareholders anything to cheer about yet. If the shareprice was 50 cents then I could at least let a few go to get my capital back. It has just been a long and boring hold. It never peaked with the maximum respurce. It was orphaned very early on.
The valuation that was in the article ypu posted looks conservative to be honest. However, even if it was accurate the current shareprice is languishing compared to potential shareprice. Even with government permitting not sealed yet I would have thought people would be buying the potential rerate in weeks or months according to the company's timetable.
disclaimer; just my opinion so do ypur own research.
Ann: Withdrawal of Resolutions of General Meeting, page-5
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25.3¢ |
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Mkt cap ! $581.8M | |||
| Open | High | Low | Value | Volume |
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| No. | Vol. | Price($) |
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| 10 | 61843 | 25.0¢ |
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| Price($) | Vol. | No. |
|---|---|---|
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