the ultimate support will come when we reach cash backing.
trouble is, i dont know how much of the last raising was to be already spent on repairs.
Take over, will consider that cash, and something for the rest,
and i agree, the cheaper, the easier it becomes to temp the shareholders with a carrot, even back to the 11c they paid.
Want your money back? we'll take away the pain.
Now, conspiracy me this, if DB were selling down heavily, then though some other subsiduary, made an offer to buy it all back, for 11c? They'd go from 50 to 30 to 20, to 100% ownership.
just a foggy stab in the mist.
CRE Price at posting:
5.4¢ Sentiment: Hold Disclosure: Not Held
