I have followed MACQ into a few resource plays, and done very well. DML is my special favourite, they took it from a $20m vehicle to one that is now valued at $160m.
For me the Macqurie imprimatur is a tic that management is up to scratch, which is critical.
As with DML you do have to be patient, and we need to take the underwriter out of the 100-150m shares it has on its books at 0.052.
I have followed MACQ into a few resource plays, and done very...
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