ASQ 0.00% 2.6¢ australian silica quartz group ltd

I don't know about these calls of 50c and $1.30 but at the very...

  1. 22,120 Posts.
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    I don't know about these calls of 50c and $1.30 but at the very least one would think the 20c of cash backing is the minimum target

    I've kept BAU on my watch list for a long time given its very large discount to cash backing however was in no rush to enter as felt what's happened will continue to happen as in trading at large discount to cash backing and share price not really going anywhere

    However today's appointment of the man who stepped into SDL as acting CEO when all seemed lost on SDL following the tragic and sudden death of pretty much the entire board is a game changer for me as this is new blood who can hopefully change the status quo

    It may take the market a few days to catch on to this as most stale holders will think its just trading up again sell and I can just buy back (what we saw today) as in what's happened will continue to happen but I really think this marks the change for BAU

    Could be wrong but could very easily see a push towards cash backing of 20c
 
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