EAR 0.75% 33.3¢ echo resources limited

Ann: Resignation of Director, page-24

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  1. 932 Posts.
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    You don't throw a life ring to your target, you save them by buying them cheaply which is what EAR has unwittingly set themselves up for. The thing is that NST would be in no rush now, just let it take on more water. Further NST just spent their cash hoard and will need a couple of quarters to replenish. They could easily borrow, buy and repay in a couple of quarters but why rush?
 
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