ha....thanks for words of comfort. I admit the price paid is potentially very good. they are buying off a destressed vehicle, so the deal probbaly makes sense even with AON's high cost of capital. .
However I mention one word "pattersons" . These guys are hopeless at placing stock. That 60 million shares at 0.8 cents will go straight to market once the appendix 3b is issued. So there is no reason to pay over 0.8 cents when there is about to be 60 million up for grabs...
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1 | 8442 | 0.008 |
3 | 685714 | 0.007 |
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