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re: Ann: Takeover Bid Closes, Compulsory Acqu... PA,those...

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  1. matchbox20
    10,175 Posts.
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    26/06/11
    17:19
    Post #: 8588964
    re: Ann: Takeover Bid Closes, Compulsory Acqu... PA,those figures are from 12/2010
    It will be interesting to see cash on hand now
    as the t/over of medevco was just finalised
    and they do state a profitable business.
    Cashflow from allied was also increasing.
    They will probably wait for $4m option conversion
    before raising further capital.
    Bell Potter recently exercised 3.5m 6c options
    which is a good sigh imo.
    BOD Price at posting: 6.9¢ Sentiment: Buy Disclosure: Held
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    lightbulb Created with Sketch.  Great analysis
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