Armageddon? Pandora is dead? The company has closed down? No, website and listing are still there
Thats what the current share price impounds.
ROC is now gone, and that adds to AUT, Aquila, DJs, Warnambool, WTF and I'm sure there are others. Lets see if the ASX investors' perverse sense of valuation can send another company OS/delisted into private hands.
Is Pandora absolutely non-commercial and doomed? I thought a recent report from Wison provided favourable results on Pandora development.
I thought CMT had some pretty prospective territory around HZN's gas/condensate projects, with seismic about to start or already underway.
Capital raise? so what, goes with the territory.
I think that the old CMT team needs to state their case, or if they need to raise capital get it over with, because this is turning into a joke (more likely to blame my fellow investor than the company at this stage, as I have seen investors continually destroy good companies over the last 5 years).
Rant over, cheers have a good night
BDM Price at posting:
10.0¢ Sentiment: Buy Disclosure: Held