Mulliner is a wholly owned subsidiary of IDG. Ever heard of a...

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jwhiteman

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20/04/20

18:41

Post #: 44149375
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Originally posted by mwilson25: ↑

Does anybody know who Mulliner Investment Ltd is? They still seem to be holding onto nearly 10% of the stock.

I guess they seem determined to ride this into the ground also.

If Baupost is done then I guess they are/will be dumping the rest of their stock for just under 5%. Fair to assume that the sp is likely to keep heading downsky.

Should be moving into the 1c range within a week I reckon. If you are a high roller you could become a major holder if you wanted.

Sadly none of these large holders saw any merit in putting up the cash to get the company through the LNG9 deal. I guess the state of the oil and gas markets would have been a good enough excuse for LNG9 to pull out. Or any one of a number of things the world is going through actually so its understandable.

The COVID19 timing was just terrible for us. Perhaps they can get some more money out of the governments bailout programs.

I wonder how those talks with LNG9 acquiring parts of the business with a revised capital structure are going. By the end of this week they will have burned over half of the remaining time. An update would be fair enough then I think.

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Mulliner is a wholly owned subsidiary of IDG. Ever heard of a little thing called the internet?

https://www.google.com/search?q=mulliner+investments&rlz=1C1GCEU_en-GBAU888AU889&oq=mulliner+investments&aqs=chrome..69i57.4581j0j8&sourceid=chrome&ie=UTF-8

LNG Price at posting: 4.3¢ Sentiment: Sell Disclosure: Not Held
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Mulliner is a wholly owned subsidiary of IDG. Ever heard of a...

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