Thanks Davisite, never seen discounting done on management credibility, normally its something like 30% per annum for mines, so CJ has certainly discounted his credibility if its 5% of the potential value in October.
tbc007 Hartleys did the CR placement before CJ changed strategy which by way I read was in the middle of April, in fact 16th by the cessation of tweets and the CR was mostly done in March. I think you give too much credit to Hartleys, they are one dimensional creatures and only interested in the comm, so no long term holds, comm on the way in and on the way out. If Hartleys knew then they would have sold all their clients holdings. The one think I think we can all agree and did not forsee, holders and non, is the poor way this whole change of strategy has been communicated. MUS resource rich, management poor. DYOR
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Thanks Davisite, never seen discounting done on management...
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