it is a puzzle all right...lots of value here, but for some reason the market totally ignores its value story!
SAU is due to earn a little bit more money from the open pit operations. Could be just half a million or a million or something, but that's still a decent reduction to its already tiny enterprise value.
It will be interesting to see how many share holders took up their 3c dividend as shares.
The biggest risk SAU faces is that Simon Mitchell will die of a broken heart! No matter what he does or says, the market ignores him! he must feel like the invisible man!
it is a puzzle all right...lots of value here, but for some...
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