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I certainly do not want to see an extension of the suspension. I...

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bweerniedeed

1,387 Posts.

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19/08/22

09:40

Post #: 63205347
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Originally posted by camban: ↑

Yes, it’s an announcement relating to the JV or an announcement of an extension to the suspension while the deal presumably continues to be hammered out. Like most here, I want to see an outcome soon. But I’d rather have a suspension in place for as long as it takes to ensure we aren’t forcibly bent over a barrel and sold short. The bears will have us believe we’re helpless and powerless and at the complete mercy of TE. BlueScope proves otherwise.

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I certainly do not want to see an extension of the suspension. I believe that would end the prospects pf a hefty spike in the share price as it would signal TE is playing hardball.Te has a number of green hydrogen early projects throughout the world and it could hold these over PRL. However I doubt this is the case/ But we will need an announcement soon as in minutes rather than hours.

PRL Price at posting: 14.5¢ Sentiment: Buy Disclosure: Held
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