Australia's largest stock trading and investment forum Australia's #1 stock forum

MMR

Click for more information

0.00%

0.4¢ mec resources limited

And what's the catch since you doing this bona fide?

First 13 Last

Share
Profile

Follow
kolubara

10,449 Posts.

234

28/12/17

23:23

Post #: 29920157
Share

Originally posted by Avco ↑

Wylie
I have been a shareholder for many years, and have taken a special interest in this company, despite its ups and downs. (Mainly downs!!)
I have recently spoken to a company director, and as a result I regret to say, that I believe it is not in the best interest of the company, nor its shareholders, for 60% of pep11 to be transferred to the shelf company RL Energy Pty Ltd.
If you ask; why do we need a shelf company to provide finance for these surveys? You won't get a straight answer.
If you ask; who are the financiers to this shelf company? you will be told; this information cannot be divulged.
Then ask yourself; Why?
I won't answer question that because of HC restrictions.
There are alternative proposals on the table, which I believe are superior, and provide better value for the company, and its shareholders.
My posts on this forum are for the benefit of other shareholders, not myself.
Don't be lead by the scoffers., do some research and you will also come to the same conclusion as I have.

Expand

And what's the catch since you doing this bona fide?

MMR Price at posting: 2.1¢ Sentiment: Buy Disclosure: Held
Upvote

0 Great analysis

Reply

There are more pages in this discussion • 7 more messages in this thread...

First 13 Last

Add MMR (ASX) to my watchlist