MOL 0.00% 6.9¢ moly mines limited

"...still higher than the last share price that the company...

  1. 2,689 Posts.
    lightbulb Created with Sketch. 39
    "...still higher than the last share price that the company traded on"

    Yes, but...

    1) Depends... e.g. drain $60m+ cash dry on fees for 10 years... nothing to return back

    2) Most holders didn't pay 6.9c, most of them paid a lot higher (eg 40c+, well below cash backing)
 
watchlist Created with Sketch. Add MOL (ASX) to my watchlist

Currently unlisted public company.

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