re: pay by touch - could monoco miss the boat ? Redhot - I don't understand your logic. While the share price may (and probably will) fall after the placement, it has no reason to fall by 1/3. The company will have at least $3mill more cash, but possibly upto $7mill more cash, therefore asset value, so the share price, in an ideal world shouldn't go much under the 15.5c
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announcement due shortly bqt holders due 14/12/05, page-16
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