Yep, on paper Kruiser we're very (very~!)cheap in today's market. IMO. I've alluded to in the past that we've possibly had a large holder exiting and it's a shame it has not been handled off market, but again I'm only guessing.
However, as a comparison, Pluton was of note, albeit on a grander scale, but large and fast moving re-ratings can happen within the iron ore sector - and unexpectedly as shown by PLV's experience.
I can only hope our time will eventually arrive.
Ann: Repayment of Bridging Loan , page-4
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