AQR 0.00% $3.50 apn convenience retail reit

Lex,I'm afraid my patience has finally run out with this mob.I...

  1. 2,814 Posts.
    lightbulb Created with Sketch. 58
    Lex,
    I'm afraid my patience has finally run out with this mob.
    I cannot think of one good reason to hold on to these any longer.
    The company has been unable to progress a viable joint venture partner after "wafting on" about it for years now!!
    The price of Molly is down wheras other base metals are all way up!!
    They appear as a company to be happy to just keep drilling for years to come without any reasonable time frames to even look at a BFS???
    The only thing that will happen now is that not too far down the track further cap raisings will be on their agenda to cover their wages and on going drilling costs, bear in mind that the last cap raising knocked off about $0.10 a share!!!
    With all those negatives, and nil positives from what i can see, the only sensible thing to do is to sell and put the funds to use in a company that has a far more progressive outlook than AQR.
    Cheers,
    dapper
 
watchlist Created with Sketch. Add AQR (ASX) to my watchlist

Currently unlisted public company.

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