The stock is at rock bottom and there is a bit going on now leading up to option expiry time at end June. Would expect it to get better rather than worse. Current price seems to be based on ALD and cash with little or no value placed on African Mineral Sands which could result in the stock being seriously re-rated.
Most importantly of all though, stock overhang from disgruntled overseas fund manager has now been resolved and stock can be driven upwards.
IMO the company would like to see the shares nearer 40c by end of June and so probably worth holding on until then at least.
von.
The stock is at rock bottom and there is a bit going on now...
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