GSL 0.00% 17.0¢ greatcell solar limited

news, page-28

  1. 1,794 Posts.
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    re: general meeting 31 july It is interesting to note that not much details regarding the deal with the FTSE 100 company have been anounced to date yet the major shareholder of the company is now wanting to increase their shareholding through the sale of STI to Dyesol. Could this be an indication that they would rather have a greater stake in the company via the issue of more shares ahead of giving out the full details which will then drive this stock to new heights.
    Why didnt they simply sell STI to Dyesol for a cash consideration and then raise extra capital by allowing all shareholders to participate and not dilute the minority shareholders holdings.
    Something is up here and i think they are deliberately witholding price sensative information on the FTSE deal so as to enable them to get more shares through the STI deal ahead of the next announcement.
    I guess we also know now why they couldnt even announce the name of the FTSE 100 company they were dealing with....so we wouldnt be able to try and assess excatly what is happening here.
    All i know is they are doing a good job at keeping the share price low now so as to get a better deal through the STI deal once approved.
 
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