AAR 0.00% 7.8¢ astral resources nl

someone is quietly accumulating, page-32

  1. 3,815 Posts.
    Hi IGO4IT - Wouldn't it be extremely illegal for management to wait for "all the big players to be set and have taken their wanted positions already", before they give the market the jorc upgrade, the result of the feasibility study and the schedule of work?

    We both agree (as do most long termers) that our current SP is hopefully well below our true worth, so how are 'they' going to get set at these prices? I'm not selling to them, neither are you and neither are most who know the story of our company.

    If the big players want plenty of shares, I suspect they are going to have to pay a good deal more than our current SP. At least I hope they'll have to!

    If you're right with what you say, and we're not selling at these prices, we might not get a jorc upgrade or the results of the FS until 2012!

    Regards
    RM





 
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