Anybody have any ideas about this one??
AGM is next Friday. Directors are keeping stumm about any happenings. Rumours flying around all over the place (incl. *Banks to call in debts ; * Capital raising).
I might be crazy....but at the current price it could be a takeover target, that is if the directors aren't telling porkies about the hedge book.
I bought 20K at $2.89.....sold 15K at 2.75 (5% stop loss), but (duhh) kept 5K thinking it couldn't go much lower. I still got em.....so I'm hopin the AGM won't be a disaster.
CHEERS
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SGW - Interesting Next Week
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