The more I dwell on this, the more I have to wonder why Bob Peters wants to put his cash in this company. Surely breeding efficiencies are one of many issues involved in a successful equine business, and probably not that high up the priority list. Maybe his company will get early access to a new tech, or concessionary pricing on the product,?..but he could eventually just buy it anyway, and there would be no way he would recoup the $1m premium he paid in 'discounts'...
As an investment, a return on MEM has proven..elusive - just ask Andrew Goodall. On the other hand...its not often you get nearly 20% of an ASX listed company for a million bucks...
The more I dwell on this, the more I have to wonder why Bob...
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Last
0.5¢ |
Change
-0.001(16.7%) |
Mkt cap ! $13.00M | |||
| Open | High | Low | Value | Volume |
| 0.5¢ | 0.5¢ | 0.5¢ | $19.10K | 3.821M |
Buyers (Bids)
| No. | Vol. | Price($) |
|---|---|---|
| 11 | 4204169 | 0.5¢ |
Sellers (Offers)
| Price($) | Vol. | No. |
|---|---|---|
| 0.6¢ | 5374720 | 3 |
View Market Depth
| Last trade - 15.56pm 07/11/2024 (20 minute delay) ? |
| MEM (ASX) Chart |
