ION 20.0% 0.8¢ iondrive limited

thanks 1982,but above all thanks to the moderators,not only must...

  1. 523 Posts.
    thanks 1982,
    but above all thanks to the moderators,

    not only must SAU announce finance arranged,
    but the SP really must sit at 1.5 or above from now.

    otherwise i have this bad feeling nmi may try for 51%,
    by taking the 100m at 1.5 and get another 500million issued at 1c
    sort of hardball deal
    anyhow,i,m no expert and dont really have a clue but think
    SAU currently is in a very weak position.
    and anything i say is mere supposition

    but you could certainly argue nmi has insulated itself from T/O with its high market cap.
    unlike SAU which has done pretty well the opposite


 
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