PO3 0.00% 22.0¢ purifloh limited

Nice work again Cadence. So here is a question for you and...

  1. 1,488 Posts.
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    Nice work again Cadence. So here is a question for you and anyone else. Why did Bill pay $2.40. There is an easy answer but i want a psychological answer. If he wanted to hand over $10million he could have done the CR at $1.25 or $1.59 and just got more shares. So was Bill running the deal or were the BOD running the deal? With that kind of investment i find it difficult to believe Bill wasn't running the show. So why that price? I know people are goung to say they looked at numbers and agreed that this was fair deal for all, but really? There's got to be more to it.
    Last edited by kenjikool: 26/03/19
 
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