On that it needs to be mentioned that in my brief but aggressive sharemarket career i have phoned many directors. Cut straight to the chase as I did today. My concern was regarding the % ORD will retain after the IPO of SARCO as they will not retain the full 49%.
After speaking to Frank he is extremely weary of shareholders concerns and i would encourage a call to him if in doubt. Very easy to talk to and not pushy. Well done Frank and Team.
On the above lets say ORD retain 25%. Once SARCO hit the ground the Refinery should be valued in excess of $1B due to the ramp up. So you can get a picture of where ORD's market cap could be going.
Not fiction read the last asx ann. Big backers deep pockets.
On that it needs to be mentioned that in my brief but aggressive...
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