thankyou for your thoughtful contribution. Shame others don't value it for what it is - a contrasting alternative opinion.
I am reliably informed that a substantial amount of the recent issue was taken up by one Thorney Holdings (though I haven't been able to find any sort of substantial holder notice so the %age obviously isn't over the top.
I have found Mr Pratts fund to be a most intuitive investor in these sorts of companies. May be worth keeping an eye on even if the public info is less than brilliant imo.
I understand the 'sophisticated investors have a target of 30c on this one.
Cheers,
PNA Price at posting:
0.0¢ Sentiment: None Disclosure: Not Held