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08/10/20
11:09
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Originally posted by Protagonist:
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Yeh, in retrospect those comments made by the CEO a couple of weeks ago about the SP soon to be much higher (released via the ASX as a Market Sensitive announcement, no less lol) appear to have been designed to goose up the SP as a prelude to a CR. This was a cynical and opportunistic ploy. I know this sort of stuff happens regularly at this end of the market, but imho it just emphasises the importance of treading warily with this company and take any assurances offered by management with an *added* grain of salt. Project might be a winner. But management group don't see the retail end of the share registry as fellow travellers. Anyway, hopefully the POS will come to the rescue.
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IMO, the CEO/MD was talking about the expected blue skies post MIC and DFS. That is still coming. Whether this month or later it doesn't change the eventuality.