they need to get this money so they can sign off on the end of year accounts, saying " we are a viable entity for another fin year". without that, noone will sign the books and it is game over.
If they can get someone to chuck a million at it, which i am sure SS will be able to, 1.4 c for 5-6% of the stock is fair. worth the trading discount, good luck selling a million worth for average more than 1.4c.
My sentiment hasnt changed, i dont have my retirement on it though, but this remains a highly speculative damn good ride. I hope they can pull it off and with Sentry moving to perth I think they might just be serious enough about it to perform this miracle. they do need to cut back on those 500,000 dollar admin expenses though, a little shady that is...
let me say again - Scott Spencers name is on this one.....
this is an 80-1 chance running in the 4th... plenty of time left to make your safe bets....
MHL Price at posting:
0.0¢ Sentiment: Hold Disclosure: Held
