There'll be another placement imo, but i dont think it will be as dilutive as last time ... i think the push will be on in new financial year to get some value back into shareprice. europe stabilising would help that end.
ultimately I've been working on 2.5b in scrip being out there ... it may have to be more if this price doesn;t move much above .01.. in any case a i believe a $87m company is eminently achievable in the next two years. As I say .035 being my exit. Now sure, they need to get acceptance in the marketplace, but they have they have the ip to do it.
This new management came in with an eye to getting bought out around the $200m mark ... and in fact at one stage seemed to be indicating that there was already opportunistic interest which was hosed down. Now that may have slipped, but if revenue starts to flow then up to $100m is about where they'll end up i reckon before the big players come calling.
I'm telling you now boys, if I got .035 for ords and .03 for my ops I am out of hotcopper for good. Wanna get rid of me ??? talk it up ... lol
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