Yes, either Leo is massively undervalued or kodal are overvalued but trading on a different market with a questionable "boss" that has never taken a project to production. The "offer" has always been too good and Hainan will take the remaining 49% of Bougouni (shitty low grade small resource) for peanuts. Their Director from Suay Chin quit yesterday, he was on Kodals BOD as Suay Chin are a substantial owner (about 13% was about 19% when they first invested but hey ho dilution eh) and were supposedly their only OTA.
Bernie wont rock the boat seeing as they actually do fall under the 2019 MC so dont have an argument. He'll simply try offload Bougouni fully as "deal of the century". Watch this space.
- Forums
- ASX - By Stock
- Ann: Suspension from Quotation
Yes, either Leo is massively undervalued or kodal are overvalued...
-
- There are more pages in this discussion • 240 more messages in this thread...
You’re viewing a single post only. To view the entire thread just sign in or Join Now (FREE)
Featured News
Add LLL (ASX) to my watchlist
(20min delay)
|
|||||
Last
50.5¢ |
Change
0.000(0.00%) |
Mkt cap ! $605.4M |
Open | High | Low | Value | Volume |
0.0¢ | 0.0¢ | 0.0¢ | $0 | 0 |
Featured News
LLL (ASX) Chart |
Day chart unavailable