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One word - BREXIT. It wouldn't surprise me at all if SMS finance...

  1. Digity1
    394 Posts.
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    21/06/16
    15:58
    Post #: 18085317
    One word - BREXIT.

    It wouldn't surprise me at all if SMS finance team haven't even ventured out to Australia as per Paul's comments on 24/05/2016 with the pending turmoil in Europe.

    The German's could bunker down with financing depending on the outcome this weekend.....more likely delays.

    Further, a $1.5 million stake in TNG by SMS is nothing more than a token gesture, not a cornerstone. A $1.5 million investment loss to SMS is nothing so if finance falls over.
    TNG Price at posting: 14.5¢ Sentiment: Hold Disclosure: Held
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    lightbulb Created with Sketch.  Great analysis
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