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30/03/16

15:58

Post #: 17383489
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Originally posted by Stockcount ↑

Yes no mystery, all laid out. But plans change, surprisingly often.

Yes, the 6mil would be useful to a company, but funds were raised via a share issue so its not free money.

It will take a good announcement to absorb all the permutations of these shares on issue to basically get to a MC of 50mil. A good announcement might take the MC to a 100 mil. A really, really good annc could go alot further.

But as it stands the share price is not going to stay where it is.

We will in the fullness of time find out how excited the market is about what xped is offering. I can't risk that this is a big IoT (very popular at the moment ie.fad) thing because I don't really understand the technology and where its intrinsic value lies.

I need to be blunt. There are scammers in the stockmarket.

When the deal is done I will believe. I will miss the first multi bagger bounce, but I wont lose anything at all if the promise dries up in a long list of dissappointing announcements and paperwork, after they SELL all those shares at multi bagger rates themselves.

I know Im being very pessimistic. But sheet does happen. Basically I have been burnt before. Big promises. All looking so orderly. Nothing delivered. This is why the banks don't touch this end of town.

Good luck to all. Really.

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A large chunk of shares will be escrowed for two years !

RYG Price at posting: 3.3¢ Sentiment: Buy Disclosure: Held
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excited, page-16

Top Stories

Chris Judd's Talk Ya Book: Tracking Life360 on a journey to the stars

The USA's dominance requires a domestic lithium supply chain. Chariot stands to benefit

From the Floor question: "When will FEX start using rail to augment & de-risk their haulage solution?" | Fenix Resources

From the Floor question: "What is the focus of AL8 and how is management going to attract shareholders to the registry?" | Alderan Resources

From the Floor question: "Could gold be manufactured in a lab like diamonds?"

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