Yeah mate, agree. He will have financing options in the USA and Australia. Just a matter of how he structures it all in my mind. The current SP puts his upside at 24 million AUD, which warrants a deal every day of the week. I reckon Roth with have multiple options for Dr Sud because the 25 million dollars worth of ADS’s we are offering up won’t create enough liquidity for the demand IHLX will likely have on the Nasdaq.
IHL Price at posting:
32.0¢ Sentiment: Buy Disclosure: Held