The seller was back as expected. The deal with Lind was excellent IF they hit their targets and time frames they had set themselves. Unfortunately Jemrok completely imploded and management haven't done themselves many favours either albeit they are inexperienced and are learning on the job.
Long term we should be fine and I'm still very confident but short term having Lind (again I assume it's Lind selling 2M parcels daily) is really keeping the share price suppressed. A possitive is it's an excellent opportunity to average down if possible as once Lind stop unloading the only way this will go is up as the market cap is heavily undervalued due to Lind selling IMO.
I also believe Lind will let it run after they convert their last parcel whenever that will be and I'm looking forward for that time to come as it will likely be in-line with when everything falls into place at Granville and Taronga. Patience will win in the end. All IMO
ANW Price at posting:
0.7¢ Sentiment: Hold Disclosure: Held
