Article is strange - seems to infer shady dealings with twists and turns, with slight mention that objective might be for Breeze and related companies to keep tight control of the project, before finishing on the high of potential.
Found this para just drivel, as if MEC can can control SP of BPH: "Does MEC think the gas prospect is not as hot as previously? Or is it just that it is hoping to recoup the discount when the market recognises that BPH shares are trading at well below their worth, thereby giving MEC's holding a nice uplift? If MGI's valuation of Advent is right, the BPH stake in the putative gas producer is worth more than $30 million - which is about 50 per cent more than BPH's total market worth at the moment."
Ultimately the transactions represent paper/fund shuffling which is all reported and above board. Am I not concerned at all and today the market seems to be sharing the same view.
- Forums
- ASX - By Stock
- MMR
- smh article on funding
smh article on funding, page-8
-
- There are more pages in this discussion • 12 more messages in this thread...
You’re viewing a single post only. To view the entire thread just sign in or Join Now (FREE)
Featured News
NEWS
Breakthrough programs slash healthcare events, driving a significant A$1.8M+ annual revenue boost
CC9
Chariot Corporation (ASX:CC9) refines Black Mountain strategy, launching Pilot Mine to seize U.S. lithium opportunity
Add MMR (ASX) to my watchlist
(20min delay)
|
|||||
Last
0.4¢ |
Change
0.000(0.00%) |
Mkt cap ! $3.236M |
Open | High | Low | Value | Volume |
0.0¢ | 0.0¢ | 0.0¢ | $0 | 0 |
Featured News
MMR (ASX) Chart |
Day chart unavailable