Looks to me like MVT want to use MMX for a backdoor listing for...

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. LZA
    1,855 Posts.
    Looks to me like MVT want to use MMX for a backdoor listing for its own purposes, on the cheap. i doubt there will be any further capital returns, and they get to run the show with some of the cash intended for return to current holders.

    if they want to run they show they should pay out all available cash first and put in funds to continue operating the shell.
 
watchlist Created with Sketch. Add MMX (ASX) to my watchlist

Currently unlisted public company.

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