Looking forward to receiving my rights issue invitation. Last rights issue was a 1 for 9 offer. Hopefully it's a bit better than that this time.
I will be accepting the invitation in full this time.
The market currently is pricing Intermoco for destruction and certainly by the end of the year. It has put absolutely no value on our current contracts which will produce a regular income stream over the next 12 months and beyond.
The market has a backward looking view of Intermoco it's all about the disastrous performance of the past.
The market is full of so many ironies it's not funny. Isn't the market suppose to be valuing INT on current and future forecast/outlook.
It's all bogged down in the past. Let's hope management have learnt from the past and are smart enough to value what kiril will contribute to the company going forward.
I've been thinking about the 9 odd contracts we have with the RVA. I reckon the RVA might be keen to see if Intermoco Connect really is worthwhile. If and when they realise that it is quite beneficial for residents and owners and also flexible in respect of which Energy company they choose we might easily see much more than 9 villages wanting to sign up. Approx' 800 villages nationaly has got me thinking that if 200 were signed up it would be a real company maker for a very small nano-cap company like Intermoco. That alone would do it for us.
Kiddle has certainly got a foot in the door with the RVA and at this stage they are not closing the door on his foot.
Anyway....................
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