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

MOZ

Click for more information

10.2%

4.4¢ mosaic brands limited

News: Noni B acquiring two fashion brands, page-4

First 4 Last

Share
Profile

Follow
cerhob

18,561 Posts.

05/02/15

11:44

Post #: 14702435
Share

Originally posted by hcosah ↑

Great to see the new management getting on with business post acquisition It must have been a difficult task trying to sell the message that existing shareholders should sell but at the same time the company would have a great future. Sort of like convincing a kid "you won't like this lolly"

Interesting that the forecast acquisition was completed without the need for a capital raising. I imagine that most shareholders accepted the offer for two reasons, the foreshadowing of a capital dilution and the threat of a delisting. Perhaps neither will happen?

Management has stated the turnaround will take time. We expect this to be the case and there is always a 'cleaning of the deck' at such a time. However, we now have an invigorated board and management and a painless changeover. The 24% of original shareholders that remain can look forward to an optimistic future.

Expand

hcosah
Totally off-topic
Did you ever find out how to get current almond pricing?
I need it

NBL Price at posting: 57.0¢ Sentiment: None Disclosure: Not Held
Upvote

0 Great analysis

Reply

Top Stories

SER

How flooding did Strategic Energy Resources a favour: Four holes down in 'redesigned' gold & copper campaign

The business of sport: Warren Tredrea's take on this week's news

CC9

Chariot locks in high-potential drill target at Black Mountain, one of the USA's largest lithium landholdings

The Rising Tide: How institutional adoption is shaping the future of crypto

Week 34 Wrap: HotCopper's top watched; Oz banks cut saver interest; Kamala’s 28% corporate tax; AI’s back

There are more pages in this discussion • 2 more messages in this thread...

First 4 Last

Add MOZ (ASX) to my watchlist

(20min delay)
Last 4.4¢		Change -0.005(10.2%)		Mkt cap ! $7.854M

Open	High	Low	Value	Volume
4.9¢	4.9¢	4.4¢	$5.203K	113.6K

Buyers (Bids)

No.	Vol.	Price($)
1	99549	4.4¢

Sellers (Offers)

Price($)	Vol.	No.
4.9¢	56634	1

View Market Depth

No.	Vol.	Price($)
2	244216	0.043
1	255000	0.039
1	222891	0.038
1	13600	0.037
1	14000	0.036

Price($)	Vol.	No.
0.049	56634	1
0.050	50000	1
0.051	19607	1
0.052	106172	2
0.055	400000	1

Last trade - 16.10pm 23/08/2024 (20 minute delay)

MOZ (ASX) Chart

SPONSORED BY