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I'm sure they can get a good return.
DOID also have the option of another $5m of shares within the next 12 months which if the SP stayed around todays price would mean they hold a circa 40% stake in the company.
I wonder how long the placement money will last Asiamet, I do hope it's a reasonable amount of time.
GLA
The Placement will occur at an issue price of 1.15 pence per share, a 17.5% premium to the 10-day VWAP.
Is that supposed to make it sound like it's a good deal for Asiamet..?
They are paying just $3m for another 9% stake.
Not sure if it's the AE debacle but I struggle to see any positives with this company any more.
I do hope I'm wrong
The ASIC Investigation is now concluded with TLOU paying $53,280 without accepting any infringements but to bring the matter to a close.
ASIC has advised TLOU it will be taking no further enforcement action arising from it's investigation.
The ASIC Investigation is now concluded with TLOU paying $53,280 without accepting any infringements but to bring the matter to a close.
ASIC has advised TLOU it will be taking no further enforcement action arising from it's investigation.
You pop up on here a few months ago spouting about people being disingenious with your cheerleader, drum beating antics pretending to be in the know.
You're a clown and I'm guessing you're about 18 years of age.
I've been here for circa 5 years and have a considerable amount invested from my own research, not that it's any ofyour business.
You're another who's ruined this BB with your posts and obvious hidden agenda.
I'm sure when the SP hits 3p or above you'll be gone.
Leave people to form their own opinions and stop ramping.
The eventual SP is all that matters not your incessant diatribe.
Filtered....
Just got a reply back from Sharan;
"We cannot comment whilst operational activity is ongoing"
So, it appear PI's don't appear to be in the know, regardless of what some try and make out.
As GH says we will have to wait for the results.