cheeses what a quarter can do for financial stress levels to hit the moon.
Alliance: down another 50%
Logicam: back into profit
Mc Alaeese, now nearly showing profit even at these low levels by some well timed double averaging down
With Pricey recently leaving, my bet is he will look to take back the Heavy Haulage while times are tough. I think Maggiolo is hurting with many of his personal assets on sale up here too, and the industrial development market turned to $h!t recently is also biting.
Min Resources: yeah cut lost 10% given the rest of the strength feel quite happy I only lost 10%
NRW: still hold 50% of the position, no topping up, for this to recever I need it to double in price, not likely
Talking to an employee of NRW (and shareholder), he said their assets now far outweigh their market cap. Possible takeover opportunity if there is a contrarian out there. With only 1 mine site in Qld keeping them going, their WA service is propping them up.
Southern Cross Electrical: yeah they did a share buy back really put a price under the floor, only 20% to go to break even.