1. SP gaps down significantly 2. SP remains below 30 cents for 12 months or more 3. Lenders make some concessions re interest repayments 4. Lenders and institutions demand board/management changes
Look back at KLL for a valid comparison.
SO4 has held a premium over other WA SOP companies for a long time. I would be amazed if investors maintain that view. I think a another major problem after this would be the end of SO4.
SO4 Price at posting:
31.0¢ Sentiment: Sell Disclosure: Not Held
