MYL 0.00% 70.0¢ mallee resources limited

Ann: Interview - Corporate Update, page-247

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  1. 1,340 Posts.
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    So, if MYL trade in the morning and the SP plunges to say 3 or 4 cents, Perilya buy up big, big enough to launch an offer, as stated earlier at 12 cents, you will be happy? I would think not. There goes your investment for a lot less value than it should. All because “To trap people from Trading is akin to stopping freedoms and use of their own money”. I would prefer the suspension to run for another week, let things hopefully stabilise in Myanmar. Lifting the suspension could possibly kill this company. MYL might never recover - refer to that “sovereign risk” that will be hanging over MYL’s head. I am more than likely wrong, however these are my thoughts and my thoughts only.

    Beach
 
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