AUL 0.00% 28.5¢ austar gold limited

Always a danger to count your chickens...Please correct me if I...

  1. 796 Posts.
    Always a danger to count your chickens...

    Please correct me if I am wrong, but considering the case is regarding only 13.5% of Mt Mulligan's ownership, apart from the p & d opportunity the result will provide day traders, I personally don't think the case will have a huge long term impact on the sp. For the ST holders I hope i'm wrong?

    For me the Exergen JV is where it's at. With almost 40% of stock held by 20 (including directors), a JV ann has the potential to see us very quickly up around $1 or beyond.

    If it doesn't eventuate... then we're all screwed. IMHO

 
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