where is mal smart, page-4

And he said?

I can't believe how much whinging has been going on since the ann. yesterday! Were people honsestly expecting the sp to shoot to 20c? This was the most drawn out and worst kept "secret deal" I've ever seen. Of course there was going to be selling on the announcement.

Maybe people weren't prepared for the dilution? It was always going to happen, no-one gives away a coal project for nothing with coal being so hot.

At least they have a project in place now. As it gets further derisked by signoffs, resource upgrades, funding, etc the sp should rise.