Originally posted by Bayswaterguy
@ZessinA your input would be valuable too being holding for years.
Been researching BOD more than normal, more time on my hands with ANZ/cmc transition stuff up and now changing broker.
So 3 bods are related and alternate director has been there since 2008. Are these guys capable of taking on this role with this industry and all these new subsidiaries?
Have any of them been successful in an Asx Co. Before?
The share price is either going up or down so we have a 50/50 chance. .. management have done a good job so far putting these deals together. Agreed there have been a few speed bumps but over all things are looking good/exciting. Its a brand new industry.
Now that these deals are happening we should expect some focus to make them produce revenue for shareholders. Sholom said that they would look at additional "Exciting" opportunities/acquisitions if they arose and I think they will in early 2019. I think we will see a consolidation before the end of the year possibly, it has to happen with 3bn shares on issue.
And im selling my skateboard to pick up as many shares possible at 3.5c . .. personally I believe the share price will be 20c plus in 1-2 years with a possible takeover or major JV. Dual Listing?
Spinoffs has been mentioned? What would you spin off and how?
Good luck! Its a high risk high rewards stock no doubt but getting in at 3.5c or below is a pretty safe bet to me anyway.
