Australia's largest stock trading and investment forum Australia's #1 stock forum

MNQ

Click for more information

0.00%

0.0¢ minquest limited

Ann: ePAT selected for CSIRO's ON Accelerator Program-MNQ.AX, page-51

First 51 Last

Share
Profile

Follow
misstrump

635 Posts.

36

28/04/16

21:10

Post #: 17625512
Share

Originally posted by Io ↑

The good thing about tech deals is that they do not need much money to bring products to market, unlike building a mine. With the reverse take over they have to have 2 years worth of budget so that tells me that a $3M raise on the finalisation of the transaction will give ePAT enough cash to bring their two Apps (the pain app for dementia patients and then the pain app for kids) to market within 2 years. If MNQ management can sell the existing resource projects then that decreases the amount of money they need to raise to finalise the transaction. Maybe it will only be $2M or $2.5M and not $3M they actually have to raise in the end That will keep a better structure and drive a higher share price.

Expand

I agree lo - and my thoughts are given the success of RAP and NUH that what's left available of any raising needed after mnq sell their mines if they do - will be taken up by majors - and if that's the case and they are the only funds needed right thru to commercialisation then the only chance any investors have to get a piece of this action is to buy now as I can't see any other possible entry point

MNQ Price at posting: 1.9¢ Sentiment: Buy Disclosure: Held
1 Upvote

0 Great analysis

Reply

Top Stories

Quit before you're fired: Russia bans uranium exports to USA, duplicating extant US ban

BTH

Bigtincan's Board backs Investcorp offer: Why a NASDAQ listing could be game-changing

GRL

To make modern missiles, you need 3D Printing. And in that gold rush, Amaero is selling shovels

PNN

Power gets set for 1000-metre maiden drilling program in Brazil

EL8

Charger shares move up as it completes Bynoe acquisition in NT

There are more pages in this discussion • 62 more messages in this thread...

First 51 Last

Add MNQ (ASX) to my watchlist

SPONSORED BY