Yeah fully understand ,, thought about this placement last night and really its a product of the presentations that Gary has been concluding around the Investment Houses ,, even today there are some serious Partners and Sponsors present in Sydney and tomorrow in Melbourne.
Someone has obviously been convinced that SNT is a significant Investment Opportunity ,, so lets see what Management can negotiate .
On the SOI 1.5B , 2B ,, simple consolidation while the MC is low doesn't really effect the bigger picture ,, seen it been in it previously ,, a 5:1 consolidation would bring it back to 300m SOI and an SP of 20c ...
Hoping it's a Biotech Fund ,, of some significance NZT
Yes Gary's negotiating skills will be on view to all ,,, so he better be a hard baller.....
SNT Price at posting:
4.0¢ Sentiment: Buy Disclosure: Held
