Based on that great summary document the question arises "what influence does Euroz have in the market place." It would appear from today's share price - that they have very little influence.
However, RFE has 50 odd million 43 cent shares (Recommendation 2) to raise cash with over the next 3 months, if shareholders gives approval next Monday.
It could be another 3 months before RFE finds a buyer for those 43 cent shares and therefor it could be another 3 months before the share price is unburdened to raise as valued by Euroz.
But if $1.40ish is a reasonable target the 43 cent block should be a steal for someone. I wonder if Euroz has a client who can take advantage of RFE's "give away" share offer.
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- euroz quick comment 15th august
euroz quick comment 15th august, page-2
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