Because in that pro active video that walker posted the other day, Graham said the next KEY thing for investors to look forward to was the extremely important ‘next step’ update to be published “in due course” which was estimated as being “next quarter”!
It’s easy to find Grumpy - starting at about 1.15 he says Wood is putting together an objective analysis/outline of the new economics, timelines etc relevant to the merger of AVL and TMT projects and the company is looking forward to publishing these findings next quarter!
You think strategic, intelligent buyers will come running to buy a 2c junior that is not getting a company-changing update until after April?
Maybe this is a time to play ‘how low can it go’ games in the hope there will be no news at all!
Anyone who sold at 2.1c the other day could have already bought back in at 2.8c and shaved 15% off their average price !
(But hey many here have known for years not to trust me with numbers so do your own maths!)
cheers
(20min delay)