This company has a bit going for it if gold legs up a couple of hundred from here but you are crazy sitting in the stock with a reconstruction coming.
Get out and come back later, you will avoid a 25% - 33% capital loss (the discount this should trade at post reconstruction.
I still worry about the moose pasture getting vendored in. Little detail on that overseas stuff I'm afraid.
I suspect Poli and co wish they had cut a harder deal in terms of the rights issue. I reckon they will end up putting almost all the $3M in. TUFF
- Forums
- ASX - By Stock
- nothing has changed
This company has a bit going for it if gold legs up a couple of...
-
- There are more pages in this discussion • 6 more messages in this thread...
You’re viewing a single post only. To view the entire thread just sign in or Join Now (FREE)