Ele.
Something is providing the strength behind the current buying. By all accounts with disrupted financing and future midterm oil demand off a cliff, we should be trading at cash minus FID liabilities.
Maybe it is the scenario you would love. In that case then it's not hard to envisage Meridians and AGs get out costs.
Not sure how a takeover outcome would look on management's CV?
Meanwhile Cosmo has doubled his money which makes some of us look like complete fools. Were we caught out or just complacent in our trust in the asset and management? Personally I feel completely deceived. Binding obviously doesn't mean binding in the eyes of management, ASX regulators or financial underwriters (although I would never have invested on any belief in underwriters)
Whisky and Hotazel sold before the Samo announcement and I had my finger on the trigger for 50% of my holding the morning of the doom vortex announcement....talk about timing!
Good luck all.
Ele.Something is providing the strength behind the current...
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Last
50.0¢ |
Change
-0.015(2.91%) |
Mkt cap ! $46.20M | |||
| Open | High | Low | Value | Volume |
| 52.5¢ | 52.5¢ | 50.0¢ | $45.91K | 88.73K |
Buyers (Bids)
| No. | Vol. | Price($) |
|---|---|---|
| 2 | 5993 | 50.0¢ |
Sellers (Offers)
| Price($) | Vol. | No. |
|---|---|---|
| 50.5¢ | 5982 | 1 |
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| Last trade - 15.08pm 28/06/2024 (20 minute delay) ? |
| FAR (ASX) Chart |