CXZ 0.00% 3.0¢ connexion mobility ltd

IIR Initiates Coverage: 4.7c price target (DCF base case), page-14

  1. 10,295 Posts.
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    @T.E.P. the average price they got was 1.58c, suspect as the secret is out they will have to pay a bit more going forward if they want to keep going, which is why I was happy to buy into the offer today.

    I see it as a kind of test, to see how the market will respond to this new info. It may go sideways for a while yet, or not. Interesting times.
 
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