BME
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0.00% 0.8¢ black mountain energy ltd

Ann: Operations Update, page-7

  1. Ajjax
    1,943 Posts.
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    26/10/22
    08:26
    Post #: 64396876
    $15m market cap. Will keep being valued as a shell so will go down as reserves deplete... all the way to a couple of million $ MC. Then the usual road shows for CR with the right kind of name's interviewing and some palling it on twitter. This for a year old company. Why issue shares at a $60 MC with promoters not putting in any money?
    ASX is a joke.
    BME Price at posting: 5.9¢ Sentiment: None Disclosure: Held
    Likes Created with Sketch. 2  Upvote
    lightbulb Created with Sketch.  Great analysis
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