and so we have heard about the asset sales.....
but just no details on which assets....
any sale in June would fall withing the 2012 tax year...NOT a good idea.......
Contracts signed in july will be in the 2013 tax year......causes less complications tax wise...
and at present...with the markets the way they are who in their wright mind would do a deal under the present circumstances.....
if there are deals to be made..Pdn would want value for what its selling......
the world is in a mess...so timetables have to be altered to suit the economic conditions......
lets get this week out of the way..and move into july.....when all the Tax fiddling in the market is over......
we don't need fire sales NOR do we need them......so now we move carefully and slowly if any deals are in the making.....
They would have to be good ones that would help push up the share price back over the $2 mark......
Also I'd expect to see several shareholder notices start appearing from July on wards......
The company has vast assets....the company is way off its highs...it has room to move higher....but first we need to move into the new tax year.......
Lets just wait and see......the world's global market are struggling...so don't expect overnight miracles.......
But do expect a big change in the top 20 list % holdings...
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