MNZ 0.00% $1.13 mnemon limited

Ann: Trading Halt , page-18

ANNOUNCEMENT SPONSORED BY PLUS500
ANNOUNCEMENT SPONSORED BY PLUS500
CFD TRADING PLATFORM
CFD Service. Your Capital is at risk
CFD TRADING PLATFORM CFD Service. Your Capital is at risk
ANNOUNCEMENT SPONSORED BY PLUS500
CFD TRADING PLATFORM CFD Service. Your Capital is at risk
  1. 26,847 Posts.
    lightbulb Created with Sketch. 1841
    I might buy some tomorrow.

    Just compared with others:
    MNW - from 2.2c to 27c in two months, market cap $90m
    SMA - from 0.7c to 3.1c in one month, market cap $49m
    MBE - from 2c to 16c in three months, market cap $49m

    MNZ market cap $3m.

    As proposed deal is a reverse takeover, probably no cash consideration is required, that is why MNZ only raised a small amount of cash. If they can get a cheap deal, MNZ could rocket very high as only 233m shares are issued.
    Compared with peers, $50m market cap would be achievable.

    The 25m shares can be soaked up within one trading day if they get a good deal.
 
watchlist Created with Sketch. Add MNZ (ASX) to my watchlist

Currently unlisted public company.

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