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moorea9

10/05/15 3:49 AM

#23226 RE: whackywinston #23225

I hope/think that management does not want to have again false starts for the pps and is aiming at building a solid foundation involving an Acquisition + Pipeline equipment + Nasdaq.

mr_sano

10/05/15 10:51 AM

#23227 RE: whackywinston #23225

"
My guess is that the cheapest purchase would be upwards of
$100,000 ? $50,000 each from their/ corporate backpockets ? "


Are they buying a liquor store?

Smile AOT Works

10/05/15 5:35 PM

#23237 RE: whackywinston #23225

Whacky,
If the price does drop, I'm sure the turnover will rise.
But I don't think it will drop, it's good strong buying:-)

When Aquisitions start, I'm 110% sure there will be more than 2 and the advisors to QSEP will increase in number too, which is interesting as this is an area Gregg is highly knowledgable on.

Would the Billionaires buy a bankrupt business?
I can't speak for them, but the businesses are only bankrupt because of the fall in revenue from the drop in oil price and finance taken out against previous oil prices. Many oil assets will change hands, Mitsubishi for example are hunting assets in Australia, keep an eye on South Australian Gas assets being specifically targeted, I can post some links of examples when they become public.

Smile whacky's winter will soon become spring.