Mongolia I like but its to high risk even if the shares are from a spun out company to have locked away.
Imagine if TMK went pear shape and their holders could get out and your left with a packet of chips.
Have a look MCL when they bought AHG.
Mighty Craft paid $51m all up with $24m in shares I think escrowed for 1 year.
SP was 35c and the shares were issued at 30-32c.
2 years later they currently trading at 4c and MCL MC is under $15m.
So if we thinking Mongolia will be spun out would this be through a RTO?
Theres a few shells with stuff all MC that are looking for projects.
.
- Forums
- ASX - By Stock
- Ann: Continuous Gas Flows Achieved
Mongolia I like but its to high risk even if the shares are from...
-
- There are more pages in this discussion • 60 more messages in this thread...
You’re viewing a single post only. To view the entire thread just sign in or Join Now (FREE)