I'll tell you what guys. Keep an eye on IHS. Its another Cygnet shell. The raise was 2c from memory.
Nevertheless Its sp held up at 3c aprox (no loose holders selling even for 50%). Seem familiar?
And bingo - it just announced its acquisition today. TH till Wednesday. Check it out then and follow its progress. Will give you some idea of the game.
Generally the acquisition involves shares/oppies and performance shares to the project vendor and some cash. Cash will need to be raised, but generally value of new company outweighs it all, and results in significant profit for holders. by that I mean bags and bags for the better deals. And Cygnet are some of the best operators in this space. That's the shell game in a nutshell.
RMR Price at posting:
3.1¢ Sentiment: Hold Disclosure: Held
