The problem is there is no good news to excite shareholders and the company has a long track record of buying good companies that fail to continue their winning ways after acquisition.
The only good news might be a decent second half result but if it is in a downtrend over time that would be less than bullish just indicating their assets are degrading under Powerlan control.
ING will still sell into any rallies for months. Beware June selling also. Less than 10c is most definitely on the cards.
The problem is there is no good news to excite shareholders and...
-
- There are more pages in this discussion • 2 more messages in this thread...
You’re viewing a single post only. To view the entire thread just sign in or Join Now (FREE)
