BLV 0.00% 1.6¢ blossomvale holdings ltd

successful capital raise, page-8

  1. 107 Posts.
    Pecora,
    Great stuff and thanks for sharing it with us. The announcement hasn't filled me with joy. I wasn't impressed by another change in a key date but they have started the review of Directors which is a big plus and not before time. I await on the outcome of this excersize with baited breath as it is another important task in turning NMS around.

    On the surface MCQ appear to be a very small solid company and have been around for some time and this suggests capable management. It isn't unusual in Asia for comapnies to have strong family ties. Whilst a $10m investment appears to be a large sum to us it is really only petty cash especially in asia which has some very wealthy individuals and families. I wonder if their investment has some ulterior motive.
 
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