MHL 0.00% 0.3¢ monitor energy limited

annual meeting, page-5

  1. 7,747 Posts.
    Great post.

    As long as we participate in the CR, we will have the opportunity to average down. You will most likely do well from relisting.

    Im still trying to get placement shares in addition to SPP, but was told to call back on Monday for possible details.

    With these deals the key is getting as many cheap shares as possible. Apply for the maximum and apply for shortfall shares.

    If you can bring your average down to near CR price it will be fine.

    With a project as large as Trinidad, I would be keen on MHL divesting from Fury, etc. They are too small and slow to bother. Even if we get nix for them, atleast full focus can go to Trinidad.

    I doubt Fury is worth the administrative overheads.

    Then if Trinidad delivers, look to expand with quality assets to diversify.

    Ofcourse all rellies on MHL sealing the deal.
 
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