I thought the reply raised some pertinent issues again - the Chinese buyer (if so easy to find one, why haven't we?), the tree valuation, Moody's downgrade, 'Ponzi like payment of old investors etc. Also casting doubt on realistic takeover bids given no takeover company would want the price raised by Wilson's resignation. That the sole object of his resignation was to increase the SP seems a real possibility.
The SP has since fallen to $1.62, wiping out most of yesterday's gains.
- Forums
- ASX - By Stock
- QIN
- Glaucus Strikes Back
Glaucus Strikes Back, page-4
-
-
- There are more pages in this discussion • 10 more messages in this thread...
You’re viewing a single post only. To view the entire thread just sign in or Join Now (FREE)