The reason I say Monoco is a side issue is because there are those including a lot in the current market who believe it does not exist and have bailed. If that were the case in my view ASIC would have them shut down. It is a little bizzzzare, but my information is the deal is done between BQT and the client, however the client will not be paying BQT until the capital is raised, hard to hand over the money til it is raised.
I believe 2 more deals to be announced shortly? that is why my latest play at 19.5. The impact of those announcements can not be currently included on a chart. It depends on the announcement content and market reaction.
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