Wendy, I simply believe this company does nada nothing zero, nothing going on but the rent and wages to the board.
I couldnt find 1 reason to buy, only caught my eye on the Cyprus announcement and am intrigued in this battle ever since.
Under the corporations act, correct me if im wrong, you can accumulate up to 19.99% on market without launching a formal takeover offer/bid/intention paperwork.
Out of curiosity who is Arembee Holdings Pty Ltd and The Gadget Store Pty Ltd ; both have 11.50% holdings. Are they allies wendy? or pro current board?
MOT Price at posting:
0.1¢ Sentiment: None Disclosure: Not Held