RE: Market response9 Jul 2021 11:07
Thank Kg - as a simple ex FD of a 50m t/o business with explosive growth (in health), I prefer easy to follow points as it cuts the carp out.
I would not disagree in general. My overlay to some of your points:
1. "The market" - yes their rules, their game, their ball set and match. Basically its rigged as to their snouts in the trough. I do agree on over positive throw away remarks do not help
2. Timeframe - silly use by CF "days" again but they did also state significant contract in that presentation. However, the efficient market latched onto that and well it presents an opportunity when we touched the 200 SMA last Friday - how convenient.
4. Suspicious behaviour - not sure what suspicious at the moment, We had pap legacy results and a delay in a contract signing.
5. The plan was to sell the whole caboodle probably within 18 months from now. We now have the overlay of spin offs & the remaining 2/3 are certainly not monetised in the current SP.