BSM
Here we go - 50M placed @ 0.5c
3B released confirming placement at a 66% premium
MFC 29M taken out @ 0.4c
This is capped at $1M, has $850K cash + 9 tenements (cheapest shell on ASX and cashed up)
Liongold owe them $13M, chasing settlement in court ordered mediation upcoming. Expect $2-3M
Something big is brewing. You don't pay a 66% premium to get set in a shell for nothing . My guess is either a new asset coming in, in which case I think a $3-5M vend value, or everyone getting set prior to a Liongold settlement
At 1c it is only capped at $3M, so this has a huge amount of room to move
- Forums
- ASX - Day Trading
- Daytrading Nov 27 pre-market
Daytrading Nov 27 pre-market, page-2
- There are more pages in this discussion • 39 more messages in this thread...
You’re viewing a single post only. To view the entire thread just sign in or Join Now (FREE)