I don't blame anyone for holding back, we are currently pinned by the Lind conversion and it can cause a sell-down which will let people buy in cheap, this happened around the same time last year. My only worry is if Lind doesn't convert soon after the 10 months is up. ANW gets more time to pay off any outstanding amounts which is good but the only reason I can see Lind not converting is either 1) future sell-down, having that over our heads can stunt SP growth or 2) Extension of the agreement for T2 funding (fast tracking). I think at this point in time i'd be happier seeing the conversion occur on the 20th Feb and then a sell-down just so it is over and done with. Short term i'm worried but long term i'm happy for the sales so recovery shouldn't be too hard if a sell-down occurs.
ANW Price at posting:
1.5¢ Sentiment: Buy Disclosure: Held
