As a very long term SH, I am keen to hear what others view the likely sell price of EXT given the current environment.
Pre the Japanese Tsunami (JT), valuations and sentiment towards EXT SP ranged from $12 up to $18. These figs were bandied about even before the Chinese proposal.
Now post JT, I am confused as to sentiment, are we to consider ourselves lucky if we maintain the original offer price from the China (circa $10.75)?
Personally I wouldn't sell at that price and would be happy to wait.
Why would the Kalahari board support such a price (or is this a tactic to bring other bidders in)? I ask simply because Mr Honen has been described on HC as extremely "money focussed", so why agree to what we have previously deemed to be a low price?
We all seem to agree that the negativity towards Nuclear Power is very short term even RBC (post JT)believe the avge price of Uranium this year will be $80 and EXT circa $14.
As small shareholders in a very tightly held share will we even have a choice?
Very interested in feed back from the more knowledgeable.
EXT Price at posting:
$8.41 Sentiment: Hold Disclosure: Held
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