"If the company can't do a deal will the shares take a big hit or will we be cushioned by the cash held by the company while it looks for other opportunities ?"
IMO we are at that stage now, the directors haven't done a deal and we are being cushioned by the cash levels. But Middlemas has performed before and IMO will do it again, the question is when...
At 21c upside potential is there, and downside limited to a few cent fall if the market turns
LRL Price at posting:
21.0¢ Sentiment: LT Buy Disclosure: Held
