Ann: Positive Assays Provide Development Options at Oracle Ridge, page-31

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27/05/23

19:37

Post #: 67996828
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Originally posted by mjshackl: ↑

Be wary of the poultry labels lest the label applies to yourself due to ignorance.

You don't need to be listed on a bourse to sell a company.

I personally know of a company in Tasmania where the owner(s) are seeking private equity from the Middle East to increase production at one of their mines. Not listed on a stock exchange. Privately owned by a group of investors.

Likewise, the company I currently work for was privately owned by the employees in a Principal and Associate structure. It was bought out a couple of years ago by a listed company.

If CB ends up ploughing more money into the company as loans, at this share price he will end up with a majority holding when they are converted. A $3 million loan is 10% of the company value. A couple more of those and he's up to 50-60% of the company value, including shares he already holds.

The sharemarket is just a means of accessing capital and creating liquidity for the providers of that capital. There are plenty of other ways of accessing capital. If being listed no longer suits the business because the market is ignoring it, why participate? Being listed creates a lot of admin and reporting obligations (read. costs) that being privately owned does not.

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Hahah well im going to ignore your pretty much irrelevant ranting.

find it quite amusing, think this is the first time I've seen someone try suggest the major holder, founder of the company adding shares, or loaning the company money on good terms is a bad thing.

EM2 Price at posting: 10.0¢ Sentiment: Buy Disclosure: Held
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Last 5.1¢		Change -0.002(3.77%)		Mkt cap ! $20.03M

Open	High	Low	Value	Volume
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0.053	20000	1
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Ann: Positive Assays Provide Development Options at Oracle Ridge, page-31

Tamboran is developing the NT Beetaloo Basin. To get there, it's listing at $36/sh on the NYSE

Paladin flags up to 4.5Mlbs of uranium production in FY25 guidance

Sun Silver gets that drill to thrill feeling from high grade hits at Maverick Spring

Pure Hydrogen to supply hydrogen-fuelled garbage truck to City of Newcastle

ANZ deal to buy Suncorp to go ahead following approval from Treasurer

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Ann: Positive Assays Provide Development Options at Oracle Ridge, page-31

Top Stories

Tamboran is developing the NT Beetaloo Basin. To get there, it's listing at $36/sh on the NYSE

Paladin flags up to 4.5Mlbs of uranium production in FY25 guidance

Sun Silver gets that drill to thrill feeling from high grade hits at Maverick Spring

Pure Hydrogen to supply hydrogen-fuelled garbage truck to City of Newcastle

ANZ deal to buy Suncorp to go ahead following approval from Treasurer

Featured News

Buyers (Bids)

Sellers (Offers)

Featured News