The longer this share price remains as low as it is the more suspicious I am ? I do not understand it. I have read ever annoucement in the last 3 years, have been invested about the same length of time - 3 years. I have bought and sold and made a little.
It is currently something like 33% of my portfolio, I simply can not buy more. I have bought everytime it has fallen.
I see other views about comparisons to prior to the shorting incedent and comparisons to ther companies, but the ONLY negetive I can find is dillution of shares. There is zero factoring into the share price the scale, value add, energy efficiencies etc....
I am surprised a Glencore, BHP or a chinese or Brazilian company has not said we will take that over at that price.
I have the time I do not currently need the money from this investment but if they pay ( a well covered ) 6 cents or more dividend within 2 years this has got to be worth more than double.
If anyone has broker coverage of the stock I would love to read them.
NIC Price at posting:
85.8¢ Sentiment: Buy Disclosure: Held
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