AS1 11.1% 2.0¢ asara resources limited

Keen to offload!, page-8

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    My view is that we are seeing the offload of the last parcels acquired at $0.002 few months ago and holders are not keen in taking additional risk if the acquisition isn't good enough or in line with their expectations. Furniture made a fair comment about management although I am happy to wait for the final outcome, I have invested in companies that looked much worse than GMR and returned 10x, GMR's reputation is embedded in the current SP and that is the reason why is trading under cash reserves.
    Last edited by Rod_Valens: 07/05/16
 
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