re: re:stock pick, massive volume today
The boys that run Murrin-Murrin better be right and spit out at least $170m in profit each and every year to justify the current price.
Highly unlikley based on the annual report.
Would not even be cashflow positive this financial year according to the annual report - someone correct me if I am wrong, ,, thanks
As for ANL, the only possible reason why the stock is going up is some sort of a 'wishful' win against F.D.
As for any corporate play, it is likely unlikely because they would not be that stupid, as they could loose out by not gaining control of the ore they need even if the gain control of the snake.
