I like all this positive stuff but we need some contrarians for perspective. Specifically I think the debate on this thread would be served by some critical analysis of what appears to be company associated press releases.
I mean its put out there as almost a foregone conclusion that some consortium, whose membership is not even settled, is going to knock out extract. Ummm, how? Its register is all but locked up to a hostile bid and I havent seen yet an asian utility, sovereign wealth fund or government associated entity so silly splashing out billions on a bidding war of what would be this magnitude.
I want to put my money in extract I really do but the same talk I am reading now, after sustained lower highs and lower lows in the share price over a period of months, i.e. a downward trend, is what appeared on the bmn threads many time over as their shareprice entered a death spiral - now about 65c.
The company needs to do more than put out there spurious murmurings of "the koreans are coming"
EXT Price at posting:
$7.56 Sentiment: LT Buy Disclosure: Not Held
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