Good to see Pure doubling down on their earlier investment - clearly they see the potential of a SP north of 2.4c, now their average price, at some point.
Been having a sulk in the corner since the sale annoucement - just such a waste of 2 years development on the CGM.
Nevertheless, appreciate the second life (or the 3rd for us long-termers...) given the blank check shell.
Tooth has a strong history of engagement with early venture capital through Melbourne Angels, and Martino knows his way around the tech industry, so I guess it's a hit and hope siutation now based on their experience. Perhaps Pure wanted a bigger say in that decision.
Had to have a giggle at the Twitter prank today - this company has NEVER thrown unsubstantiated positive bones to holders through it's communication. A well-practiced discipline with these guys.
EV at 31 Dec should be somewhere around 1.9c Aus, a nice symmetry with today's close.
SE1 Price at posting:
1.9¢ Sentiment: Hold Disclosure: Held
