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Ann: Indonesian Project Update, page-201

  1. 1,259 Posts.
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    Hi @CR8 et al,

    When in doubt or attempting to second guess the market at this time, just remember the fellow who very recently purchased $1.5m worth of heads at 1.43c (a 20% premium to today's close) in addition to the 46 odd million shares that he purchased on market prior to last weeks placement.

    One doesn't just hoover up that many shares and then gladly hand over an additional $1.5m in cash at a significant premium to the current market value without;

    a) knowing the ins and outs of the current state of play (behind closed doors or otherwise), and
    b) feeling EXTREMELY confident about TV2's future.

    Just some food for thought.

    GLTA

    Cheers
    Elpha
 
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