MHL 0.00% 0.3¢ monitor energy limited

the bid for central sumatra indonesia, page-9

  1. 169 Posts.
    Here is a possible explanation:

    1-Mhl set romures that there is a good licenses in
    Indonesia.
    2- The sp price goes to 40 cents.
    3- Options go to 1 cents.
    4- Directors and other well connected people sell their
    options and shares for a nice profit.
    5- MHl ann they did not get the licenses...
    6- The sp goes down to 1 cents.
    7- The same story will happen next year or eventually the directors will hand over this company to an administrator from asx to clean up...
    8-The administrator will take what left for himself.

    ** Mhl is not big enough or decent enough to be taken seriously by the indonesian goverment or by the share holders...(at least the serious ones).
    ** God bless the stock market!!!!!

    ** The above post reflect my feeling and it is not based on any fact.
 
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Currently unlisted public company.

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