Would love to see the Seymour Pierce tome and compare.
Lonsec assumes a rather large $70M equity raising at 15c which gives around 1262M shares on issue.Lets hope this doesnt happen!!!
It sounds like its more conservative than the Seymour Pierce report but then unless Mr Bin has a look at this report and tells us how it lines up with the SP report we really dont know.
A good read.Fills in a few details that I was unaware of but as for any broker report be wary of it.It could have a conservative appearance for a reason.Seems as though AIM doesnt mind putting a link to it on their site though.Read into that what you like.
d.
AIM Price at posting:
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