COI 3.13% 15.5¢ comet ridge limited

Galilee Update, page-27

  1. 151 Posts.
    lightbulb Created with Sketch. 18
    I agree - good question...
    My holding is certainly no where what it was a couple of years ago.
    There is potentially good value in this company but is just taking far too long.

    A couple of the newer directors are very good.
    There is a chance that they can steer the company in the right direction.
    But they have to be given the chance.
    I fully suspect cash will become tight again in the first half of 2021.
    That could be a good time to top up at even lower levels if it looks like things are turning around.
    A clearly articulated strategy stating exactly how they are going to actually monetize the assets would certainly help.

    I think we should all watch the comments made by the Chairman at the AGM on Friday very closely.
 
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