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Agree, it's a fine line, another $150 k in income receipts and...

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Oscar09

27,150 Posts.

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25/02/17

11:24

Post #: 22900079
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Originally posted by ayoungoz ↑

Surely the quarterly was expected. Perhaps Merchant calling off their original plan meant that they liked what they saw in the finances that retail investors expectations changed then? Now we know the truth that finances stink and I'm betting Merchant will resume their original plan and that's taking over the company.

Dear Merchant,

You are reason I bought back in 1PG and you have my vote in doing what you need to do with your $3M investment. Sell assets and acquire something else with $30M cash.

Good luck.

From fed up 1PG shareholder

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Agree, it's a fine line, another $150 k in income receipts and we would all be reasonably pleased. But I am a little impatient and would like merchants and M Walker to use this lower than expected receipts to make the change and start giving some serious potential to that massive pile of cash.

1PG Price at posting: 18.0¢ Sentiment: Hold Disclosure: Held
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Agree, it's a fine line, another $150 k in income receipts and...

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