Great post Camden - I was planning to reply to Persistent One but you covered off all my points - even working capital liberation(!)which has real sleeper cash positive potential in my opinion.
The numbers have made acquisition in the 30c to 33c band very attractive. On the execution risk side I attended the recent AGM and personally have had some business dealings with Geosciences and have come away impressed that there are steady and focused hands on the wheel.
In deference to Fat Bloater it has been a great short though!
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Price($) | Vol. | No. |
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