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clock Created with Sketch. 21/12/23
08:54
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Originally posted by Mickman:
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Everybody has known that it has been extremely undervalued for sometime. The backbone has only strengthened since the ~70c that was achieved on the confirmation of Dorado. The SP is creeping up, punters attracted to the serious prospect now that a sale could be looming or likely. Would not be surprised at all with a run into the 30s again over the next few weeks. Regardless of what is happening, there is a confidence that at the current value there will be some wealth creation coming.
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Given the performance rights they have gifted themselves are good at 30c, I'd suggest that they think that is easily achievable.
(20min delay)