SPX 0.00% 1.1¢ spenda limited

Webinar questions, page-208

  1. 3,667 Posts.
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    "Last CR $18m @ 9c 200m shares - by corner stone investor/s"

    That CR was to wholesale & sophisticated investors, not a cornerstone investor. The term cornerstone investor was never used.

    The $18m @ 9c for 200m shares is wholly accurate though.

    I think that taking a position at greater than 10% in a company, where cash is put up and not shares issued from a company vend, is generally putting serious skin in the game.
 
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