While it's unnerving to see nearly 30% drop within a week due to negativity about the JV, I much prefer the scenario that KDR is closer to becoming a producer then the potential in the ground, even at 50% share. Once KDR produces, it will be re-rated. Short term pain, long term gain.
I was burnt badly with SDL, where the potential was huge and there was much discussion and hope about a take over that sent the SP soared in those day, but the potential was never realised and the take over never happened. As they say, a bird in the hand is worth two in the bush.
- Forums
- ASX - By Stock
- KDR
- General meeting voting
General meeting voting, page-31
-
-
- There are more pages in this discussion • 34 more messages in this thread...
You’re viewing a single post only. To view the entire thread just sign in or Join Now (FREE)