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2,235 Posts.
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22/10/19
10:42
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Hi Kick, you need to remember that these oppies were issued well out of the money.
Now, due to the start of our SP rerate they are well in the money.
Jeff had an opportunity to take out an insurance policy that would assist with beefing up our cash position, so he was right in taking it.
Lets be real, all the Sophs will exercise now.
We have real Institutional Investors wanting to get on board a microcap stock. The market is asleep here.
We are not talking about a mining company with unproven JORC, or a tech business in a fast growing sector with zero revenue or mounting losses.
This business is making money people. The market will catch on here shortly and we can start moving to my target of $250m Market Cap.
And if this underwriting Insto wants to get on board, they just might need to buy everything under 2c. But they better be quick as the 4C is a commin.
10x
Last edited by
TenX:
22/10/19
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