Chin4
Always enjoy reading your thoughts but you are talking going broke
How about looking at this from another perspective we wouldn't have ave to go broke if the Indians could get a foot hold in ECT Australia
How would a controlling interest go down
I have had this feeling all along that they have tried to manipulate this so at some stage we would have to go to them cap in hand offering scrip for cash
I was so relieved when we went another direction for funds when the 300mil came on to the agenda way back as an issue to the indians, THE OFFER must have come from somewhere for us to table it
Imagine Chin 300mil in their hands you yourself have even spoken of going to asic because of what you perceived as manipulation @ market
With a major holding choose what the news with numbers like that it would not be so hard to depress the stock indefinitely
How long would any of us stick around if once this deal is done we don't see growth
And who would pick up the loose stock untill such time as they got a controlling interest
These people are not like the ozzis who tend to look no further than the end of their nose, these people look to their future years down the track, as can be seen by the depth of this deal, where are we looking 10 years I believe I read somewhere .
So to depress a stock for a number of years would be of no pain whatsoever to a Co like NMDC if the big picture eventually gave them control in full
Just my thoughts Chin
I say keep the Indians of our Australian register at all costs
IMHO only
ECT Price at posting:
1.3¢ Sentiment: Buy Disclosure: Held
(20min delay)
