Good to hear from you Dan. Such a lonely site. I am afraid l will trip over a dead body or something when I drop bye. (lol) I am sure your prognosis of the sp being low partly because "management own 70%" is probably right. I have heard that before. Never understood why being in partnership with management is such a bad thing. Happy to hold and wait for the divs myself. Don't agree about the negative sentiment towards "mining stocks and coal in particular" being reasons. I think, if they can put in a report like the last two, increase div to 4c, repay some debt, they will be up and over a dollar again before the end of the month. My take on it is, people just get bored holding a small profitable miner and then scared when they see it start falling. I am surprised that, after two cracker reports, it is actually cheaper now, and has been for the past two months, than it was a year ago. Just makes better buying before the annual report comes out, IMO.
DSB Price at posting:
71.5¢ Sentiment: ST Buy Disclosure: Held