MNZ 0.00% $1.13 mnemon limited

Ann: Trading Halt , page-18

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  1. 34,353 Posts.
    lightbulb Created with Sketch. 9149
    I might buy some tomorrow.

    Just compared with others:
    MNW - from 2.2c to 27c in two months, market cap $90m
    SMA - from 0.7c to 3.1c in one month, market cap $49m
    MBE - from 2c to 16c in three months, market cap $49m

    MNZ market cap $3m.

    As proposed deal is a reverse takeover, probably no cash consideration is required, that is why MNZ only raised a small amount of cash. If they can get a cheap deal, MNZ could rocket very high as only 233m shares are issued.
    Compared with peers, $50m market cap would be achievable.

    The 25m shares can be soaked up within one trading day if they get a good deal.
 
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Currently unlisted public company.

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