Interesting chatter here. I would be very very careful here...

Interesting chatter here. I would be very very careful here guys. Not the first time the chairman and MD of Raptor has spruiked "revenue" only to see nothing eventuate. Are things different with Adrian Floate on board - i suspect its very likely - but i for one would need to understand more and get more detail.

1 - Are these products owned by Mot already?
2 - If not what is the vend going to look like?
3 - Setting up a business on the east coast will cost a lot of money - so what is the raise and at what level?
4 - Capital structure is currently poor and overvalues mot by at least 5-1 so what the consolidation looking like?
5 - been some good buying but who are the sellers? Maybe we should requisition a Top 20 shareholder list to see movements?
6 - I would be weary of up rampers here looking to manipulate company valuations and facilitate potential exits - especially when looking at the above i would be inclined to think that there is a 100% likely hood for a big consolidation and then massive dilution on an vend (which there should be) and anyone buying in today will likely get butchered...

Just my thoughts so please DYOR....