Question is Motors what are their intentions Will they do what they do and somehow turn that $15mil into an investment vehicle not sure how they would go about this with ASX rulings but i think its eveident with their purchasing the numbers they have
THEY DO HAVE INTENT
Without some form of direction their recent purchase would have been insane,
they have purchase over 100mil in an iliquid stock the only liquidity we have seen was at bargain basement the remainder has been what one could only assume liquidy has been formed by the challengers
Post this Apocalypse where would this present board take us except down the road of further dilution amost immediately one would have thought on aquasition of a new indication what would that look like along with still being an illiquid stock cannot begin to think of what such an issue would look like under this present board
But $15mil wisely invested without the need for going to market could well be another story
With this present board and the immediate challenge the outlook for us as shareholders looks very very bleak IMHO
Interested to see PVLs spin on their ideas for our funds
always keep an open mind IMHO
PER Price at posting:
1.4¢ Sentiment: Hold Disclosure: Held
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