You don't have to wait until the 16th, the SPP is done, only the notification left to do. You can sell your current holdings now.
I reckon there will be a flood of sell orders on the 16th. Hell lot of new shares been issued and no doubt there will many who will want their money back if they can make a quick profit.
Hopefully JEF will look after the loyal supporters and wait till those after a quick profit have sold off their shares then release some really really really good news and watch for a rebound.
A further upgrade of 3P resources and a farm-in by a large company with deep pockets like Kogas or Santos will justify JEF's appointment.
- Forums
- ASX - By Stock
- BUL
- time for an spp update.
time for an spp update., page-5
-
-
- There are more pages in this discussion • 39 more messages in this thread...
You’re viewing a single post only. To view the entire thread just sign in or Join Now (FREE)