LCL 11.1% 1.0¢ lcl resources limited

Ann: Presentation - Annual General Meeting-MNC.AX, page-41

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  1. 305 Posts.
    Well if someone wants a 60% stake for $100m who are we to say no, when there is all that CAPEX need doing too?

    I doubt it is 60%, I suspect it is more, but I certainly would support a $100m cash injection as fair value is no different to house prices... value is the transaction price not necessarily the asking price

    Oz market balanced IMO.

    UK - fecked at the moment with some serious volume - oddly!
 
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