CKK 15.8% 1.6¢ coretrack limited

coretrack - a remarkable story, page-42

  1. 1,381 Posts.
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    I don't get the positive spin to your post. Where are the assets of the company? They will raise some cash with a fire sale but the drill is gone and not coming back. Who would buy in on the off chance the court reverses position? And even if they did, there is a question mark over how good it is anyway.
    And please don't say the asset is the thing they drop down a bore hole. It is a proven lemon from all I can read.
    Just wondering why the optimism?
 
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