Patience is the key word here.
It's been years for me so what's another few months?
Regardless of what Meerkat says the sp would not be near it's current 17c sp if it wasn't for the dumping.
Not knowing when or if the remaining 44mil share will be dumped has kept the sp down not the wait on financing as stated.
Perhaps things didn't go the way the Chinese planned.
As I recall they had the opportunity to buy more shares in one of the C/Rs awhile back and declined so maybe they always had the idea of getting out due to the interest of the Koreans.
Who knows as to why they dumped in the manner that they did but it's left a big question mark.
I hope and assume PBs been that busy with the financing that he hasn't had time to address it.
As he has stated away back that we would see the sp back in the 20c. I guess he didn't count on the Chinese factor either and so we wait.
TNG Price at posting:
17.0¢ Sentiment: Buy Disclosure: Held
