The company has 160m shares in issue. I'm pretty sure it's rock bottom prices now. Even if it did fall over, Joe isn't about to let the shell die. He owns it and it's his ticket to recover profits. It would be one of the lowest shares on issues shells on the market which will make it extremely attractive to backdoor into.
But I can't understand how this will fall through unless the cap raise fails. I've spoken to the Anyvision execs and they are committed to listen and excited about being public. Joe and co can't gain through it not going through... And they haven't been selling any despite some here claiming this is all a sting.
Why it's not moving quicker I really don't know though.
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The company has 160m shares in issue. I'm pretty sure it's rock...
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