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22,120 Posts.
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03/02/15
23:08
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Looks good, surprised there isn't much chatter
Has revenue of $5m+ annually so the business model works
They say they aim to consolidate at 40:1 ratio to 20c or a minimum of 0.5c
Worth a punt at 0.3c to see if they hold true to their word and crunch it at 0.5c
Reassuringly the big money is set here at 0.325c with some worthless options so buying at 0.3c is less than them
There's a small $250k mates rate placement coming so maybe that's why they haven't let it move yet
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