- BMG > I think that we all know about this one. Hopefully they deal soon because with current market conditions you would envisage an excellent outcome for shareholders. You can't rush a masterpiece though lol.
- HWK > The T20 is full of names (Steve Anastos, Thomas Bahen, Evan Cranston, Michelle Denny, Bryn Hardcastle, Tolga Kumova etc. etc.) and you'd have to think that something very interesting will happen there. Cash at December 31 should be ~$249k meaning that a placement or the vend should be on the horizon. I'm hoping that they expedite the second phase of drilling on their current project to get results during the first quarter next year. From there we'll see.
At an EV of ~$7m it's a little pricey but that's the market currently. The chart could go either way at this point with supply drying up. If it breaks down to ~0.019 I'll buy more though hopefully I won't have to.
- TTL > I can't say too much more other than that I've done a lot of digging here and like what I see. The next update around E-Collate should be at the end of January in the December quarterly unless something pressing happens sooner. I would expect a vend during the first quarter next year.
I have mentioned blockchain/cryptcurrency on the thread but am not entirely convinced and would see that as a low percentage outcome (would be great if it happened though). I think that a very high percentage outcome will be that the vend will be very interesting given the names on the T20. It's also interesting to note that some shells are getting very creative with how they navigate nature/scale provisions as laid out by the ASX. I think that the TTL board has no shortage of creativity and flair lol (Edwin Bulseco, Jeremy King and Peter Wall). EV currently ~$1.75m.
And of course there is QNL - alas a shell no more. I did risk off due to the amount of dilution and the proposed CR however I still have 50% of my original position and intend to hold well into next year (obviously depending on subsequent events). At 0.06 fully diluted market cap (excluding performance shares) is ~$33m and I think that it can go further than that in due course. Some interesting reading for those holding/following:
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