Interesting discussion and grizzle.George Bush has unfortunately degraded the "stay the coa-rse",but we should keep it in mind that we have taken on three projects and stay the coa-rse is the line i will be pushing.So i do not want any dividends or more projects until we have consumed the big mouthfull we have already taken on. The large amount of time and delays have worn most investers thin but this company has only one way forward and that is to get the current projects running. In time i believe both PIKE and KUPE will be as successful as TUI now is.
There is a strange reluctance for the SP to rise above 1-02. My thinking is that some large holder is exiting the market[maybe ACC] regardless of the future.On pure fundamentals the SP should be rising but the fact that it is not suggest something abnormal is acting against it. A rerating will take place and could be sudden once this damping effect is completed.
Remember George Bush is nuts but in this case Stay The Coa-rse anyways.