You two are up2date on the Opes Fiasco and the ANZ court cases,can you give me an update on proceedings and any Word on how it all MIGHT be affecting DYE?
I'm currently putting maybe too much weight on the ANZ involvement as a reason/cause for share price decline.
I know that in a Bear Market,Speculatives are the first to be jettisoned but that's chiefly because they are seen as needing to raise Capital thru Placements etc as well as being more sceptically looked at.
I find that the string of recent announcements/news has really failed to bring in the Fresh Meat.New Buyers of either Institutional or Retail persuasion. I realise that DYE is still at least a Year/18months away from "Riches" or even substantial Cash Flow Positivity BUT I reckon they are close enough to justify [a] A Much Increased Market Capitalisation and [b]Because of no need for share Dilution [Placements etc]therefor they should have an increased SP to achieve [a].
Am I being blinded?I know I have no urge to increase my Holding so I can't pick up these "Hardship" sellers currently wiping out Bid Lines on a 20/50k gotta sell but frankly I'm becoming concerned on Retail Pilgrims coughing up for their Option exercise in November.I'm also starting to worry about Where the Tullochs will get the Mil+ $ to exercise theirs.
Anyway,ctindale,SwuzzleBubble,anyone else [Georg?]got any words of insight or even "encouragement" for a fellow Pilgrim to Mammon?
GSL Price at posting:
81.5¢ Sentiment: Hold Disclosure: Held
