the.frack,
I suspect the capital raising that fell through was being driven by Sir Ron. MMX is sitting on around $20m the capiatl raising as i understand it would have been for around $130m to $150m
My belief is Sir Ron tried to get Cashmere to backdoor into MMX but the Cashmere board didnt end up liking the terms and tahts why the whole thing fell over.
If this wasnt the case then there are people that are interested in buying MMX's 3% of Cashmere and will pay more than the value MMX's board has assigned to the shareholding of $0!
- Forums
- ASX - By Stock
- MMX
- so what value cashmere
so what value cashmere, page-3
-
-
- There are more pages in this discussion • 5 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
SKS
SKS Technologies wins US$90M award to supply power to international hyperscale data centre in Melbourne
FWD
Queensland's housing crisis an opportunity for ASX builder Fleetwood – and taxpayer cash a safe harbour from the storm