Ill keep it brief as this is the CM8 thread. From what I...

Ill keep it brief as this is the CM8 thread.

From what I understand there's a LOI for CM8 to use SMA telco relationships as a low risk entry into China.

Yes SMA maybe burning cash but what was their reply in that ASX request for info regarding the 4C? Discussions underway regarding funding?

Considering all this and STILL the $28m MC, the market obviously sees value in these Chinese telco relationships.

I guess they will be just fine, the SMA shareprice may not be, but that's no concern for CM8.

Cheers