I felt like the poster-boy for a while there, thinking I had it all figured out. Luckily, as I've managed to trade this a few times over the journey, even if I manage to sell at my exit price I'll still be in front. Small consolation, given where the SP should have been by now.
What strikes me the most when I think about it is that a company like Sundance can lose almost their entire board due to a horrific tragedy, are not in a great part of the world politically or geographically, they require massive amounts of CAPEX which includes constructing entirely new rail lines, but they've somehow managed to keep Fairstar completely in the shade.
How is this even possible?
Have I missed something?
Answer: no.
It's all there in the "mandatory" report; in all its shame and unglory.
How can anybody defend that?
FAS Price at posting:
4.1¢ Sentiment: LT Buy Disclosure: Held
