Timing plays a huge part in the mkt. Had the PNG decision come out say 7-10 days ago there would have been a mad rush of acceptances for the $1.50 on offer. Now its too late with expiry on Monday. I traded some shares today and made 500 bucks so not unhappy but best news is in today's late afternoon update i.e. re-confirmation re FY16 AND Fy17 ebitda AND buyback will start soon. So i'm ok with holding at present esp as company awarded another 100m in energy contract. If wk on subs comes through it will make a big impact.
BRS Price at posting:
$1.06 Sentiment: Hold Disclosure: Held