"but hang on...it will be in the form of a convertible loan (is this some new fan dangled way of dressing up a convertible note?)"
And it gets worse as your post goes on...you have no idea. You really need to research before you post K. Basic stuff.
K - you have grasped the word "convertible" and ran with it without ANY understanding what your talking about. None. Same as below:
Fortrend - "ECT blew $15m"...when the fact is it was only $1.6m. Misleading.
Project Financing - figured that out yet? You spent a thousands of words on that one.
Re the ~$100m - its my speculation as I have stated and I believe Monash/potential investors will commit to the Matmor plant ~ $20-30m...ontop of the ASX ann ~Coldry $70m...its simple maths K...get it ?
That violent move off 1.1 was interesting yest. 800k on the buy 1.1 and 4m on the sell 1.2. A min later 1.2/1.3 cleaned out and a 1.5c finish today with solid 1.4 support all day.
IMO..."too much typin and not enuff buyin" on your part K....maybe you were typin whilst you should have been buyin?
tick tock...
ESI Price at posting:
1.5¢ Sentiment: Buy Disclosure: Held
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