MBN 0.00% 8.3¢ mirabela nickel limited

Only Marsye To Go!, page-141

  1. 2,504 Posts.
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    TB I took off the debt I estimated at 160 million from an assumption of a
    takeover bid of 250 million leaving shareholders the 90 million to share which equates to
    13.7 C Aus. Of course the Market Cap will be 250mil if I include the debt of 160M.
    Yes all your points are truly valid. Why swap 500m for 50m, No sense at all. That is why
    in a worst case scenario, we might end up at 14c. Anything above that is superb.
    To tell you the truth, I would gladly walk away with even 6c , this will still leave me above break even.
    Given the chance we make it, I learn a very good lesson here. All good points here , down rampers
    and rampers alike. The safest way to earn money is gradual. One more chance please.
 
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