MBM 3.33% 3.1¢ mobecom limited

cheap buy imo(near floor set by cap raise 25c), page-11

  1. 28,706 Posts.
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    I think it is more accurate to keep in mind that one of australia's more successful mining investors & developers, Terry Streeter, invested around $4m into WGO and is now running a loss

    The communication from WGO to the market since the announceme of the African acquisition was highly consistent, ie, about DSO

    WGO was a sell when the first low grade results were announced

    I exited my shares at 31 cents, as soon as I read the announcement

    as I was on a 'holiday' from HC then, I was not part of the discussion

    But any 'disaster' i would guess may possibly have some relationship to the communications issued to the ASX and also to Mr Streeter
 
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