Lfc 786 The cheap share's dissipated last week...Seriously though any buying under 20 cents is a bargain....T40 networks will not allow another cash raise via past channels...This project will be funded by debt funding via a high yield corporate bond IMO... T40 networks want this and hold a significant position in the company and recently made a there point with the redraw of 7.1A...Equity is off the table...
The IRR report supports a share price of 64 cents a far cry from what was being put to us...
Did we smell a rat..? "Absolutely"
The only way to get on board now is by buying on market IMO...It probably comes down to choice "buy now or regret's later..."
Remember delay,delay and more delays...very unprofessional IMO
This report is written by an independent and there is no vested interest....