BLZ 0.00% 0.7¢ blaze minerals limited

...and the person who just made the big profits still owns most...

  1. 1,875 Posts.
    ...and the person who just made the big profits still owns most of the shares so takeover not possible unless he decides.
    Just why would he want to sell if he really is on to something here.

    It is very hard to align the recent results with a share capitalised at $4 mill and so much selling.
    Poor old shareholders can have a bit if they reckon $8 mil is fair capitalisation, given that the company controllers thought about $400000 was fair value just recently????

    Beware - if these results don't hold up there ought to be an inquiry!
    If they continue to be good then you can kick yourself for not getting in cheaply - even though you are paying a lot more than friends of the company.

    But that wouldn't be as big a kick as the one you would give yourself if you were duped!

    I own a few from U exploration that didn't go far. I"ll pass on some more thanks!
 
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