5c is a massive discount from the 6.5c deal for Mariola (200m shares @ 6.5c = $13m) which are already only worth $10m with today's trading. They would surely have to reject such a reduction, or request more shares?
Question on my mind - is there any positive spin on this? Is it worth a speculative buy at 5c? Upside in the fact that BMB is trading at all time lows, and although our LT holding sentiment is &$#@house, we are pretty much at rock bottom - we can go lower, but will we?
- Forums
- ASX - By Stock
- one man's trash, another man's treasure?
5c is a massive discount from the 6.5c deal for Mariola (200m...
-
- There are more pages in this discussion • 38 more messages in this thread...
You’re viewing a single post only. To view the entire thread just sign in or Join Now (FREE)
Featured News
Add BMB (ASX) to my watchlist
Currently unlisted public company.
The Watchlist
SER
STRATEGIC ENERGY RESOURCES LIMITED
David DeTata, Managing Director
David DeTata
Managing Director
SPONSORED BY The Market Online