It highly amusing to me that whilst in a frustratingly long halt, the absence of being able to speculate about the nefarious intentions of the "bots" and relevance of charts, we can find any other number of trivial matters to argue about.
Whether you hate hoots, love Tony or otherwise, the most recent and relevant information to me is that we the spineless shareholders vote to gave those jokers 50% of Cockatoo. Tony took it back for us and rode off into the sunset.
To my mind, the outcome of the current negotiations must improve our circumstances, otherwise why were they initiated, and why persist with them?
To save some short term pain, to avoid a legal battle seems unlikely. To stave off a hostile bid, possible.
For what its worth a reckon the current discussions are probably $24m funding for the 50% again, with the sticking point of marketing agreement.
I do know that personally being in PLV without Tony posting seems less fun, and although a questionable investment motive I wonder how many others are of this mindset?
I'm interested to know from the fellow longtermers what you guys averaged down to, and what you would walk away for should an offer arise?
And hoots although you are a mischievous poster, I enjoy your contrarian views. Whats your tip when we eventually come out of halt?
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