the new money will want to make a decent return, i expect a flogging when they list, 1 - 1.2 c ish.
rising to 1.5 c ish ( hopefully 1.8 ) in time so the new investors can get out with a nice profit.
at 1.5 c it will be capped at 7 million odd ( as before it went into suspension ), but now with 3 million less debts and cash from the sale of the t+i division.
You watch them find some good news to pump out the new investors.
fwiw. i wish i only had 100k shares involved
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- vote no and go with the fire sale
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australian waterwise solutions ltd
vote no and go with the fire sale, page-2
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