I still can't understand why Copulos group would be involved here with such a small minnow when their last big investment was LNG a $50m company that grew to over $1Billion
The only thing I can think of is they are happy to be here for a 10-20 bagger regardless of the market cap
and considering the Chairmans last big venture was MKB which was a 10-40 bagger when you include the bonus options
also agree with Gator they seem to be using the cash to acquire existing profitable businesses so cash strain won't be too hard
those 20c options could also bring in some cash if exercised
ICT Price at posting:
17.5¢ Sentiment: None Disclosure: Held
