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15.0% 1.7¢ middle island resources limited

Ann: Trading Halt, page-40

  1. marksman
    1,081 Posts.
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    08/12/21
    14:07
    Post #: 58160686
    AUN 86M SOI. They could do a PRM and double up and hold an EGM to ratify. At 17c??? Thats nearly $15M.
    Pay half in cash (assuming sale price is $20M) and the rest 6 to 12 months down the track after they make their millions OR 50% cash and 50% scrip upfront.
    PS If it turns out to be AUN then thats why my ex-broker is my ex-broker!
    MDI Price at posting: 9.6¢ Sentiment: Buy Disclosure: Held
    Likes Created with Sketch. 2  Upvote
    lightbulb Created with Sketch.  Great analysis
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