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Invest Egate,
Yes I think the Board appear very confident of the future for our tech.
SP up again today and less than 2 million shares available now below 2 cents. I've topped up a couple of times over the last few weeks and those remaining bargain basement shares are looking pretty attractive too at below the 2 cent level. Remember we sat well above 4 cents for a long time before the Transocean deal, with far more uncertainty and debt. Even allowing for the subsequent dilution when you look at the positives MEM has to be good buying at current levels dosen't it?
What I'm still really waiting on (sweating on) is news about the disposition of our substantial non voting holding in PrIME. Does anyone know if there are legislative measures to protect minority shareholders over there? Let's hope the Board can complete the PrIME divorce and salvage something in the property settlement!
Hopefully the next ANN will see the great leap forward after we're well rid of the other mob....
GLTA
Kind regards,