Hi Bazz,
Sure "Window Dressing with successful Execs can happen in Microcaps,
but my understanding is Mckinnon and Allen are there to play a more Integral Role Including Business Development.
The Aurigen Group Genesis was well explained in Roadshows and Included in the IM
Simple play here,
The writedowns and debt of one entity could become the opportunity for a new entity, after a restructure and some new management
Sure Highly speculative play, regardless of the Recapitalisation and any TOX influence I think the IPO Investors here are well insulated,
ALL EXISTING SHARES ESCROWED not the cash rule, not a percentage ALL and the market cap quite reasonable at 33 m EV
They aim to be profitable by Q4 2020 and the milestone shares are very challenging if they deliver the goods for performance
Waste shares seem dull but id rather have a good crack at this than buy cleanaway etc which are fully priced.
Should be some good upside here
have a good weekend all
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