Ann: Funding Update - 3 Transactions being pursued by the Board, page-2

  1. 23,919 Posts.
    lightbulb Created with Sketch. 752
    CAKRA bid is likely dead

    Option 2 the merging with ASX listed entity could be interesting if it is a reputable ASX listed company (WHC, NHC etc) and not a no name shell that Martino and co have an interest in

    Option 3 raising $50-100M by floating the holding company in China ? I assume Platinum or others would be involved somehow and have an exit strategy where the Chinese get left holding the bag, but if Cokal raises a swag at a premium and retains control then so be it. We have seen Platinum pump other stocks to all sorts of heights on other exchanges

    Let's see if the market buys any of it
 
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3.4¢
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