BLV 0.00% 1.6¢ blossomvale holdings ltd

lets look at jct's post in a little more detail for the...

  1. 3,331 Posts.
    lets look at jct's post in a little more detail for the non-believers......

    mbl get a quarter of nms when they underwrite the rights issue.

    Q1. why agree to be underwriter to a 'dud' stock?

    nms SP triples in a matter of weeks after mbl receive their holding, so how many do they sell to take profits ?

    Q2. on 5/3 mbl update their holding notice due to the issue for purchasing subsea diluting their own holding......they havent sold one share......not taken a cent of profit......why do that ?

    going back to Q1, why hold onto such a large holding that has made such a great profit, but essentially is a 'dud' stock ?
    yeah sure they couldnt offload their entire holding and expect to get the same great price, but surely they could have offloaded several million without arousing suspicion......so why didnt they ?

    MAYBE, JUST MAYBE THEY KNOW MORE THAN WE DO.

    MAYBE, JUST MAYBE LANGE GAVE MBL SOME INCENTIVE TO UNDERWRITE AND HOLD ONTO THEIR STAKE.......I GUESS WE SHALL SEE.

    goodnight.
 
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