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MTR won't be selling - as recently as the 7th September they...

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Conwy

11 Posts.

1

26/09/18

23:13

Post #: 35867042
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Originally posted by staffandkit ↑

I am at a loss as to the selling. I have held and topped up over the last 3 years and am now in the red. The company was worth more after the first hit than it is at present. Nothing has changed fundamentally for me and I am hoping that this company will one day have a mc in the billions.
With the recent purchase of t3 from mtr, they were granted shares with nil consideration but they could not own more than x amount of mod. Could mtr be rotating their own shares to monetize their holding without affecting their holding.
I do think the good news will come and I think that there will be plenty of it. If the good news flows now the chance of a takeover is too high. My only comfort is all in approach that JH has taken investing his own capital and a high paying position at WSA to go balls and all with mod.
Good luck to the faithful

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MTR won't be selling - as recently as the 7th September they purchased MOD shares on market and RNS' d that fact

MOD Price at posting: 38.0¢ Sentiment: Buy Disclosure: Held
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