ARH 0.00% 0.5¢ australasian resources limited

Jimmy & Slampoil! We will see zombie & gindo EACH put 5m share...

  1. 2,689 Posts.
    lightbulb Created with Sketch. 39
    Jimmy & Slampoil! We will see zombie & gindo EACH put 5m share orders on market @ $0.20 (previously they said $0.225). If they want that many shares, why not get them filled before ARH get deal???

    10m buy orders from zombie & gindo on Monday??? Put on the market is the best way to buy shares. I don't see how posting buying 5m shares on HC will get any shares filled.

    This might help sp, so NOT down-ramping but UP-RAMPING. Let's up-ramping this stock, put 10m share orders on the market... come on... Get them filled before deal is done!!!

    Interestingly Resourcehouse ipo & ARH's capex ($2.8B), I am the only one questioning about this figure based on 2007/08. So if Resourcehouse ipo went ahead, who will pay for cost-overrun? Cost-overrun could be 40-60% like GBG, MMX, etc.

    What about opex $68/t??? Carbon tax, mining tax, WA increased iron ore royalty, increased fuel & labour costs, etc., were not included.

    IMO I upgraded to "strong buy" because zombie & gindo will place 10m shares on market at $0.20 as promised.
  2. This thread is closed.

    You may not reply to this discussion at this time.

 
watchlist Created with Sketch. Add ARH (ASX) to my watchlist

Currently unlisted public company.

arrow-down-2 Created with Sketch. arrow-down-2 Created with Sketch.