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clock Created with Sketch. 25/10/18
17:34
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Originally posted by bfor3108
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Wow! So AUD$395m for sale of SDV, so we can assume $395 AT LEAST for retained southern tenement = $790m AUD. Market cap in the $900m's. This is ignoring Mt. Cat and JB and all other positives like nil debt, other cash etc...WHAT IS GOING ON!?!? I'm deeply in red, avg. now $3.21 as I was buying when this seemed very reasonable...never assumed people would be throwing shares away. This fire sale is about everything else...shorters, global freak out (which of course could slump this further)...however, with figures like those above, I had to find every cent I could to buy more at these ridiculous prices. Damn, learning a lot about the herd ; ) and their capacity for seriously freaking out and running off cliffs...all I can do is cross my fingers that this isn't something bigger and if it is, guess I will have to hold for that much longer!
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Mmm not looking forwarding to receiving those funds in the bank !! On top of being debt free and a pipe line of value adding development coming on we are sure to go lower, surely the market could only view these announcements as a bad thing.
