I said this a while ago. The value in GER is from their stake in NCF (similar to Yahoo in Alibaba) - to maintain their stake they need to pay NCF another 2 mil by January 2015. Going by their current cash burn and cash level, they won't have it and will need a capital raising in December. So I'll wait.
- Forums
- ASX - Day Trading
- Day Trading Nov 24 Morning
I said this a while ago. The value in GER is from their stake in...
-
- There are more pages in this discussion • 63 more messages in this thread...
You’re viewing a single post only. To view the entire thread just sign in or Join Now (FREE)