Think we’re getting warm. The key to this cryptic rights issue...

Think we’re getting warm. The key to this cryptic rights issue puzzle lies in the AIM destination for the new issue. In fact, I believe the whole AIM story to date to be a major component of IT&E’s game strategy.

Well, the original ITEL listing was all done rather quickly I thought, and for what? I don’t buy the increased exposure theory, and the piddly number listed on the AIM has neither provided the lead for ASX nor improved stock liquidity.

Any newly acquired ITELS can easily be transferred back to ASX as I would imagine many smaller holders would do. So what are IT&E saying and to whom?


So it’s back to sewing coins onto my coin belt. Their fake coins of course but this happy holder does believe real gold ones will be heading her way soon . . . .