Becoming a Matthew Walker Shell, page-53

Trading halt today on SRT already being felt in SP action of WPI and BLZ.
WPI has been on the radar for longer and perhaps chronologically ahead, but BLZ exquisitely set up at the mo'.

limited float - just 62 mil. Check
Matthew Walker personal investment in 2 mil shares and a further42 million through Cicero. Check
MW control of 71% of total float. Check
Consolidation already done, and current SP far above the required 2c -no need for another consolidation. Check
Resolution passed at AGM to find an acquisition (technology or industrial sectors). Check
Tightly held. Check
Recent capital raise done and cashed up with $1.2 million. Facility to transfer the land asset in lieu of debt. Check
MW avoiding shareholder dilution (and his own) by only raising 30mil of the total permitted 70mil shares - skin in the game. check

Will be interesting to see which shell is next off the rank. WPI or BLZ. Could be either IMO but I view BLZ as the pick of the bunch regardless of timing.