Re GCN, are you sure Tas that P1 prospectus has cleared ASIC? I...

  1. 959 Posts.
    Re GCN, are you sure Tas that P1 prospectus has cleared ASIC? I stand to be corrected but it just looks like a new prospectus issued after the last one had a stop order placed - ie new one should still be subject to oversight. I'll be honest, and my opinion only, i've read the initial prospectus and if they can get regulator approval and manage to raise the cash i will take my hat off to them. They could sell ice to eskimos. After listing they would have a notional MC of over $300m and only a few million in the bank.

    RXL managed a good late trade but not sure if i was lucky given the 3B after market announcement. Not sure if those 90m shares were traded Friday but either way doesnt look too flash.

    ICG some big buys into 10.5 after 2pm but then didnt push on as it has previously. Still providing opportunities but pays to follow the money. Points to the Director on extending the escrow.

    Have a good weekend all.
 
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