I picked up a few of these on the dump some days back. Probably...

I picked up a few of these on the dump some days back. Probably a ST hold for me for a reversion towards the 25c volume line.

I am wondering if I should convert to LT hold.

The refinery assets are substantial on the balance sheet, and this is being valued as if it will not be able to pay off the debt against them. Can anyone shed any light as to why this NTA discount exists. I had NTA at 69c, but that must have fallen post PP.

I am interested why there is no interest in this stock with the second refinery coming on? It is not like the company is directionless. Is there is potential for the production of other byproducts from the Biodiesel process? Eg biodegradable plastics etc?

I assumed the sell down to be a negative reaction by a single shareholder to the recent 14c placement that shut most investors out.