MHL 0.00% 0.3¢ monitor energy limited

The thing is they send out mixed signals. They (or their...

  1. 7,747 Posts.
    The thing is they send out mixed signals. They (or their brokers) did a ring around a few eeks back for a placement. So surely due diliegence has passed. But they seem to be using due diligence as an excuse for the long suspension.

    No doubt their will be a deadline for both due diligence and for payment. If its a matter of timing SOCA will likely extend because they havent been talking with others.

    But if its a ridiculous delay, then im sure other companies will step in.

    90% seems optimistic to me and is complicating any funding attempts. Start small IMO, you can always buy more later either from SOCA or the eventual new owners.

    Their must be a point when the amount raised to acquire the full 90% becomes self defeating for existing holders.
 
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Currently unlisted public company.

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