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11:50
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Originally posted by niclou:
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the squash, I have my own probability calcs. that I run - I did the same for Sirius back in the day (which I was not in but should have been after a mate from Sydney told me to get some at 5c - stupid me!) and also the most recent Avanco (a large holder); there was zero chance they were not going to proceed to T/O. The current situation is not about what we want, in essence I agree with your sentiments/and market cap comparisons BUT its about %'s. I just can't see them obtaining the funds without giving most of the pie away. And for everyone here that has been banging on about the Jetan and other increased stakeholders that were previous there ... spare me. In fact one of the recent top 20 holders is merely a stones throw away from where I sit. The top 20 list is not a prefect storm sign, to think that is ridiculous. I'm a large investor here, and of course I want best bang for my buck, but I'm also a realist. Over the decades the one thing I say to all that I personally know is, as long as you can beat the bank. And process1, to the downramper comments, seriously ... are you for real? I'm not a rosy glasses kind of ol' sport these days, have more than I need so I just say it how I see it. The company first and foremost must become more transparent, again "who works for who here"?
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ok, so your % probably is something like 90% chance we proceed to sell out at a massive discount tp NPV? I still don't get it. With a small tight register I don't see how you've got such a high probability we go down this path...
