Short Term Trading Week Starting: 19 Sept, page-334

  1. 11,507 Posts.
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    5 grander update

    following the sale of NAE and AHQ, the portfolio got a good kick up with a profit going into the tin of 1500 squid.
    so..........bought BBR @6c...........one of the best shells out there
    51M fpo
    $2.4M cash
    at 6c, it has an EV of only 660K.........take out the corporate structure, the office chairs and coffee machine, and its trading at cash.............would have to be close to a deal soon...........and, its graphite project hasnt been priced in either..........last raise was at 6c.
    the 5 grander is up to about 85-90% ahead, will post a screenshot when trades clear...........
    holding AYR BBR GPH KPOOD RLC ZTA
 
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