I can understand where you’re coming from but.. I believe the most important point to your post is your last paragraph. This is what everyone needs to realise. Also as mentioned in the announcement: Kingfisher’s 2nd tranche is primarily in accordance with TOHO transacting.
If TOHOs money didn’t or was not going to come through the probability of Kingfisher giving out $10m most likely would have been low hence the above underlined condition above.
On the the flip side, let’s say the alliance with Kingfisher wasn’t announced thus waited for TOHO money to come through and say that brings the SP to a steady 42c then they announce the Kingfisher deal, I could almost certainly say some would be saying the same thing as you have just mentioned?
Damnd if they do..damnd if they don’t..
From a neautral perspective with out any bias and ramping at all - This really is a great announcement.
Best of luck
G1A Price at posting:
37.0¢ Sentiment: Buy Disclosure: Held
(20min delay)
