Sunday, October 08, 2017 9:28:12 PM
Instead of irrational exuberance.....we have irrational apathy!
And it's unbelievable!
2017 interim results:
2013 interim results:
Now compare to 2013 chart where it was attempting to stabilize:
From HK1.4 to HK1.00 equates to USD.08 to USD.12 ..?... if I factor HK.75 after 2013 interim was submitted......I still come up with USD.06 !!!
That is factoring in 30% dilution and another 10% dilution. Please compare that to the coking coal prices at given time...and this company's ASP for given times. Also compare to market outlook et al.
No way around it...........just no way.
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