re: Ann: New Arthurville Joint Venture with M...
Hi nokk
Whilst these recent deals are good and add value to MEP they fail to add cash to the bank account to fund the potential highly profitable sites. The share price will move once we have some money in the bank and that is why I am sure there is a deal in the background that will put some serious money into the coffers. Remember that the aim of the MEP Board is to give value to the existing shareholders and this is not achieved by diluting their holding. Reread the Chairmans report for confirmation.
Regards
kippax
PS I guess I just got lucky with joining some dots re Japan
MEP Price at posting:
18.0¢ Sentiment: LT Buy Disclosure: Held
