I noticed the dubai announcement the other day...but I'll admit, it's a long time since I held these, so I am not fully up to date with them now.
Seems some larger players getting on board...but that does not always equate to higher prices.
Could be a two edged sword?
The 85m shares to each of these two investors at 14c concerns me a little...they are getting 18% each?
Firstly, the 170m share dilution for just $24m or so, highlights just how much share dilution we might see before they finally get to the magic $345m figure.
Of course, there will be a good deal of debt funding, but I cannot see anything to really set this off short term?
What are you expecting news wise?
Cheers!
BGD Price at posting:
0.0¢ Sentiment: Buy Disclosure: Held
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