MOY millennium minerals limited

Rumors of potential take over, page-7

  1. VYR
    4,911 Posts.
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    "Rumours of a potential takeover"

    I target distressed companies when they are removed from the all ordinaries index.

    I pick the ones with good fundamentals for the future, that don't have a lot of debt,

    My experience is that quite a number of those companies are swallowed up by preditors at a premium in the short time, before they reach their full potential, but not until their bounce off the bottom is established.

    I hope we will have to wait a while for a takeover to emerge.

    "Reasons why 'Shares Held' can exceed 100%"

    One would need very big hands to hold more than 100% and a very small brain to buy more than 100%, That's a bit like " Heaven" the preverbal "Pie in the sky"
 
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