They are valuing JB Financial @ $93m and claim to own 35% (see 28/2 release).
$32m of the NTA right there.. a decent chunk wouldn't you say....Yet no one can really tell what JB Financial actually is?
We have these
http://www.jbmarkets.com.au/
http://crowncurrency.com.au/
And I THINK this
http://www.genesistrading.com.au/
(which is the old Aliom Trading)
It looks like HML focussing their attention on developing a financial service company. Quite a different proposition to running an Investment/Hedge fund.
They are valuing JB Financial @ $93m and claim to own 35% (see...
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