Australia's largest stock trading and investment forum Australia's #1 stock forum

G79

Click for more information

0.00%

2.7¢ goldoz limited

Ann: Mustang Secures $19.95m Funding From Institutional Investor, page-137

First 137 Last

Share
Profile

Follow
Larkin

1,121 Posts.

65

14/01/18

22:21

Post #: 30296180
Share

Originally posted by Davisite ↑

Only if Arena are planning on selling on market. I think it might be a long time before we hear any positive news. If Arena wants to grab as much of MUS as possible they will want to keep the SP down for as long as possible. The CN now acts as a poison pill protecting against any takeover so there is no urgency by our two SA friends to get the SP up. The have the cash they need to last a long time (assuming they spend wisely). I can see a situation where Arena sits on their notes earning interest for 12 months while the SP does nothing and then bam Arena converts and we get a flurry of good news.

The real unknown will be what the new MD does. Will he be working for all the shareholders, or just the major.

Expand

I did notice the interest rate went up from the 1% last time to 11% this time, which would suggest a longer hold.

CJW has been in the game for a long time. DWM. So he knows exactly what hes doing.
Captain always steers.

Where the ship is headed, now that is something I would like to know.

MUS Price at posting: 3.1¢ Sentiment: None Disclosure: Held
2 Upvote

0 Great analysis

Reply

Top Stories

Week 40 Wrap: China's nonsensical stimmy hype wanes (shocking!); HotCopper's picks; oil & inflation

CKA

Cokal upgrades infrastructure for BBM ramp-up in Indonesia

WCN

White Cliff jumps 24% on 'bonanza grade' copper rock chips at Rae project, Canada

ACW

Actinogen Medical ramps up Alzheimer’s treatment trials, targeting fast-track global approvals

BUX

Buxton projects new graphite province discovery at WA Narryer play

NTI

Neurotech knocked back by FDA as agency declares target condition not rare enough for special status

SLS

Solstice Minerals to ramp up drilling campaign at Yarri Gold Project

BCI

BCI reaches close of funding facility for salt-first part of Mardie project

COD

Coda Minerals (ASX:COD) enters rights issue to further exploration in South Australia

RCE

Recce eyes Indonesia for novel anti-infective as Indo-Aus ties grow stronger

There are more pages in this discussion • 3 more messages in this thread...

First 137 Last

Add G79 (ASX) to my watchlist