Hi Wizard, I am well aware of the area in which they are looking. I guess it just feels like the recent capital raising ( that's still underway ) isn't going to last long. The funds raised I mean.
It feels like before iknow it, there will be millions more shares on issue and my holding will be diluted to all buggery. I can see that GR is trying to steer this company away from being a one hit wonder though and that's good, guess I'm just nervous about the spending and a bit distrustful of company directors and CEO's ( I do work for Tyco after all and I can't say what I think of them without getting my post moderated :)
It's a shame the sp is lagging behind the current spp and I feel it's being supported at this level. Perhaps once this is overwith the share price might rise. Is anyone here taking up the SPP?
ATQ Price at posting:
43.5¢ Sentiment: LT Buy Disclosure: Held