My understand is that in Indonesia you have a 5 year window.
Lets hope WAL are targeting 5 years and by that stage CLR and hopefully the 50% ownership in the winery will show rewards.
I also keep reminding myself there are only 55.5 Million shares on issue but the issue is going to be with only a small number of shares tradable how we are going to see upside?
Management buy out? Cornerstone investor buy out? A CLR takeover is on the cards what would CLR do with the money?
Not trying to be negative just understanding the beast.
Time will tell.
WAL Price at posting:
16.0¢ Sentiment: Hold Disclosure: Held
