Wouldn’t that be the dumbest business strategy from ord Minnett? Can’t imagine they would burn cash and just sell at a significant loss after a month or so?
I wouldn’t imagine them selling any under 4.5, would love to be proven wrong, but they got more disclosure about the business than anyone in the market, some people always know more, I mean someone does, they fully backed the offer shows confidence. Just my opinion
Can anyone validate?
on another note, there was a piece of machinery noted in the last news letter about delivery in august/September. Does anyone know if it’s arrived?
LMG Price at posting:
3.2¢ Sentiment: Buy Disclosure: Held
