CNN cardia bioplastics limited

aquanox

  1. 953 Posts.
    lightbulb Created with Sketch. 19
    Guys Biograde is a bit of a fizzer for news at the momement so lets talk about something else to take our minds off it.

    I know two wrongs dont make a right but who knows in this hypothetical case.

    BML-Anox! Got a ring to it?

    BML all cashed up and nowhere to go ($6m) and Aquanox alledgedly going somewhere but running out of cash. Sound familiar?

    Cant see PV liquidating BML after raising the cash and it seems they dont want to spend it on the resources they have which appears on the surface to be a vote of no confidence.

    Aquanox get a backdoor listing even though it is not the most desirable outcome, CNN gets it $1m back and equity in the new co., and considering Aquanox is being touted as floating at 20c BML will extract some appreciable value from their investment,also PV keeps it all in house where he is very familiar with proceedings.

    He also gets the opportunity to downsize his interests, consolidate and focus on those with the most potential.



    Plus more.

    Now shoot me down before I go on.

 
Add to My Watchlist
What is My Watchlist?
A personalised tool to help users track selected stocks. Delivering real-time notifications on price updates, announcements, and performance stats on each to help make informed investment decisions.

Currently unlisted public company.

arrow-down-2 Created with Sketch. arrow-down-2 Created with Sketch.