Cheers for the reply. I appreciate you are a long term holder...

Cheers for the reply. I appreciate you are a long term holder here.

I agree with you to a point. However, wasn't that what a few of us were thinking last time? I remember my finger hovering over the buy button when it hit 1cent on June 30 thinking nah "they need a CR". Lo and behold, they raised at premium and at 2cents a few weeks later.

There isn't enough liquidity for the bigger players to get set on market, so yes they will want a big slice and at as low as possible, but can they low ball it if enough competing demand is there? FGF paid a premium and they have been on fire recently.

Anoosh is the common denominator here. He didn't burn CT1 holders last time, so why would he this time unless he absolutely had to?

FGF are cashed up and may want to increase their position too if things are progressing. Anoosh will know.

The only questions I keep asking myself are "Is CT1 the best in class?" and "Are they making progress in America?" The revenues will highly likely follow in time if the answers are YES.

No guarantees, of course.