MMR 0.00% 0.4¢ mec resources limited

Hi,I think that holding MMR (and getting some shares in Advent)...

  1. 1,739 Posts.
    Hi,

    I think that holding MMR (and getting some shares in Advent) could be a much better way of getting upside in PEP-11 than holding BUY.

    Three reasons:
    1. Possible free shares in Advent with its upcoming 85% of PEP-11.
    2. Tax free profits (potentially) from trading MMR as it is a pooled deveopment fund.
    3. Did I mention that BUY will only have 15% of the reserve? If BUY is worth so many hundreds of millions with 15% holding, what is advent worth with 85%?????

    I already hold both MMR and BUY, but intend to switch entirely to MMR. It does seem odd that the trading volume is in BUY. BYE for now!

    Joel
 
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