Rvsy38, we would all like to see a trading halt but by the annual report they are now in the final phase negotiations of a price, so we should see something either way in the next few months. The clout from having a big Chinese fund behind them will not be missed by the lease holders or the local arms of government that will approve the deal. It's one of those that frustrates as it's 3.5 cents below cash with a huge deal on the boil, but it's one that when someone throws up stock at 19.5 I can't resist either.
LRL Price at posting:
19.5¢ Sentiment: None Disclosure: Held