Lol....Cliq is a SPAC and no qualifying asset yet....no EGM yet..so where this gas reactor comes from????? Drop from the sky I guess.... Putting fear to buy low....lol!
Don't worry guys. They are negotiating for 50% stake in Australian O&G company right now. So far 30% stake is quite on the safe side. I received this news from one of the directors from Cliq (so happen to be my next door neighbour)
Bear in mind that Hibiscus was involved in Greenfield project, which translate higher risk if there's no oil. But on the other hand, Cliq involves in Brownfield project. Once the negotiation is done, they're going to apply for SC approval and that might take a while. Safe to say that QA is on the way already, I'm looking at 4-5 months horizon until they officially announce it.
Cliq will see profits faster than the other spac. Brown fields takes longer to nego but faster to bring in cash . Green fields faster nego but slower in seeing profits
This book is the result of the author's many years of experience and observation throughout his 26 years in the stockbroking industry. It was written for general public to learn to invest based on facts and not on fantasies or hearsay....
callme777
1,586 posts
Posted by callme777 > 2013-10-01 17:01 | Report Abuse
I don't think this is trading .... Looks like someone knows something. The vol for both cliq and cliq wa is very high