“To ratify the Board of Directors of AIY’s right to place up to 250 million Shares at no less than AUD 30 cents per share. There are more than 1 prospective investee company possibilities and your Board will be better placed to finalise all contractual matters if it has the right to allot the shares following the conclusion of the EGM”
Further to what stated on the other thread, here it is highlighted from the AGM announcement. And yes, the suggestion that they have a client in the bag is probably the most likelihood scenario, as AIY themselves have more or less stated.
I don't know what I like best about this company, their expanding port folio, or the revenue coming from it, most notably for me, the new China Elite platform. This seems to be already bringing in millions. Squillions soon enough.
And all their other very hot irons. Would also love to know more about the Victorian gold exploration progress. Can't be far away. Mind you, it is just an added bonus for me if it comes up with anything, as I'm not much of a gold bug.
But knock-down tech in a bursting market is the way I like it.
AIY Price at posting:
8.7¢ Sentiment: Buy Disclosure: Held
