Sorry guys, whilst the clean up of the kangaroo experiment has a bad taste! it at least cleans up a poor period of performance from the cat.
My focus is on the CR, on the entity or person or persons, who are taking on stock. My pretence would be for one of the following:-
1. An investor against a specific project 2. A new cornerstone investor, or 3. An investor group that back the longer term strategy of becoming a proper coal company.
Any of those would give me a sense that the mess is finally being cleared up. It might also shed light on Rob's departure. Other than a long overdue cost cutting move, an announcement might give us some clues on timelines. Spose we can hope eh?
CXY Price at posting:
0.2¢ Sentiment: ST Buy Disclosure: Held