Weren't you a part of the group that gave a current market valuation of the Tincom deal set at 12.9c per share? Even with significant dilution, the Tincom deal valuation hasn't dropped to 1.9c per share, has it?
Clearly the market doesn't believe the Tincom deal will go ahead. Do the current management and directorship care about this obvious lack of confidence, apparently not, or, could it be that even if they did care, there is nothing they can do about market sentiment.
They are not able to invent news just because shareholders require it, can they?
What in your view are the drivers for the discrepancy between the 18 month low, given the somewhat "derisked" position the company is supposedly in now, to when the valuation was provided by Intersuisse?
ESI Price at posting:
1.9¢ Sentiment: LT Buy Disclosure: Held
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