The IDSB sale isn’t guaranteed. The old man wants to buy it back because he doesn’t like Aussie company being part owners. But if they can’t come up with the money then it doesn’t happen… that simple. Expect another CR immediately if the sale falls through as they won’t have enough funds to get to next quarter. They literally raise what they need to meet arrears not use in the future. Keast will walk once he realises what’s behind the smoke and mirrors, Just IMO. Happy to be wrong, in fact would love to be wrong. But Clee and Dykes have completely stuffed this company through their greed and love for expensive properties around the country using proceeds from screwing over shareholders.
OVT Price at posting:
1.6¢ Sentiment: None Disclosure: Held
A personalised tool to help users track selected stocks. Delivering real-time notifications on price updates, announcements, and performance stats on each to help make informed investment decisions.
(20min delay)