May 31 2022 - SP 7.3c June 30 2022 - SP 4.8c It dropped 30% over the course of a single month - a quarter when updated Capex Figures were due.
Imagine the reaction were Capex figures released in July and showed a blow out by 40/50/100% or worse. That the update to EIS was we need more time because of aquifer drilling. That the update to CLC negotiations was we need more time until water is sorted & NTEPA consulted.
Where would the SP be now?
On 1 July the registry was requested by the CMT. So the above scenario is completely hypothetical, but when one of the very first things those championing tto maintain the status quo raised was the CMT were looking to take the company private without paying shareholders a premium.
Based on where things were headed & the news in the pipeline, is it not more feasible to believe the CMT temporarily halted this scenario from playing out?
