Things move quickly in the world of MB and I believe he was "roadshowing" last week in Melb. & Syd last week. He probably had money thrown at him at the presentations, and as all good entrepeneurs know, you take the money when it's offered. Anything at 40c or better is a good outcome IMHO.
As anyone on this forum knows, and it's well and truly out there in the public domain; I believe that GEV will be LNG MkII circa 2013/2014. By way of comparison, here is a list of CRs by LNG with relevant data:
Column 1 Column 2 Column 3 Column 4 Column 5 Column 6 Column 7 Column 8 0 LNG Issued K Market Cap. EV Hi/Lo/Cl Amt. Raised Place. Price 1 pre-place. ($m) (million) pre-place. (Gross $m) 2 not fully diluted 3 (million) 4 5 31 July '13 267 56 53 24/32/28 10 0.20 6 13 Dec. '13 311 112 106 29/31/30 10.85 0.31 7 5 May '14 356 239 227 62/68/67 49.5 0.55 8 30 July '14 446.5 991 940 3.25/3.25/3.01 38.60 2.60
As you can see, if my theory is correct, we are on the cusp of a major move in share price and this CR is going to provide the fuel for the fire.
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