Jeez ...and I thought 4 pages of Disclaimers (in small letters) was a lot in their Presentation today
I take it you only look on with morbid fascination.
The Pokeno settlement never be known ....probably will be hidden away as a capitalised cost relating to new plant.
Just trying to warn people of the risks and point out the massive holes in governance standards. My job is basically done, I feel.
Ecclesiastes 11:2: “Divide your portion to seven, or even to eight, for you do not know what misfortune may occur on the earth.”
Ben Graham - In the short run the market is a voting machine but in the long run the market is a weighing machine
I bought into SML on Friday and hope that the paper-work went through quick enough for me to be in on the cap raise.
Only wanted in for the 'Pokeno bounce' but luckily Leopards are agile and can react to rapidly changing circumstances.
A quick recalc of value says I should be OK in the short term and reasonable over five years.
Placement went through at the underwritten price of $5.10, so doesn't show great support for them. I closed out my swing trade position just as it opened again for $5.90 and am very happy with that. I'll be there for the SPP for sure though. Is that having my cake and eating it?
Placement went through at the underwritten price of $5.10, so doesn't show great support for them. I closed out my swing trade position just as it opened again for $5.90 and am very happy with that. I'll be there for the SPP for sure though. Is that having my cake and eating it?
Originally Posted by winner69
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The placement price was fixed at $5.10 in the original announcement, so of course they all went at $5.10. 
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