RE: Two large trades6 Dec 2019 11:43
Morgan the problem is and I’m sure a lot will agree is staying out of this is a risky business considering how long we have all waited for the sp to appreciate and make most here some serious money as all it will take is that 1 well written no bs RNS that will in the words of safestocks “hugely re rate the sp” you don’t want to be out of this when the RNS drops because it will be harder to get back in at these levels. The only hope is if they get an aviation licence they don’t write is to kill off the intensity that it should bring to the sp for example “seeing machines is pleased to announce we have a licensing agreement with L3 and CAE with ongoing royalties of $50m a year and $50m up front payment, but we have informed them that they can pay us whenever they choose to and even if they do not choose to pay us the up front payment we do not mind as we are more interested in cup cakes and winning Australian awards rather than appreciating share holder value”
Something along those lines.