I’m so pleased the sophisticated investors were able get their 7,031,250 shares at $0.16 (I’m not really, it’s a joke and I’m being sarcastic). I wonder how the ‘internal and external regulatory approvals’ are moving along in regard to Mr Zhengrong’s $2.5m investment?
You see, the thing is, you just have to add the ‘subject to internal and external regulatory approvals’ and if it don’t happen it ain’t the directors fault.
MTC are masters of ASX compliance communications and experts at not achieving strategic goals as announced.
All good though. There’s sure to be another pump, this time, my advice is ‘dump’.
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