MYL 0.00% 70.0¢ mallee resources limited

The company is only worth a known something if it has has trade...

  1. 4,435 Posts.
    lightbulb Created with Sketch. 40
    The company is only worth a known something if it has has trade liquidity like is say we were a listed company



    we aren’t, private companies go at a huge to discount compared to listed companies

    I see your trying to determine value

    at this point, they are burning money, they have zero value while they increase debt in the hope they can break even.

    obviously shareholders hope to re list

    but if you were John or hartree would you want to now?

    not now is the , answer, and even if this thing floats and doesn’t go broke, It will be Hartree looking to add value on a re-list and over 6 months - 12 months they will try to slowly exit at a listed premium, causing suppression of share prices for that term.



 
watchlist Created with Sketch. Add MYL (ASX) to my watchlist

Currently unlisted public company.

arrow-down-2 Created with Sketch. arrow-down-2 Created with Sketch.