MHL 0.00% 0.3¢ monitor energy limited

I missed the 'word on the street' post. I thought it must have...

  1. 7,747 Posts.
    I missed the 'word on the street' post. I thought it must have been positive, but now im understanding it was negative.

    I agree that volume dumping of insiders would likely occur if the deal was dead.

    Obviously they have missed a deadline and it causes jitters. An update is overdue. At a minimum 'guess' a new timeframe for the deal.

    In reality, any percentage of Trinidad will save the company. Even a lowly 20%. Creates cash flow. Growth. Other opportunities, etc. THat then makes it possible to raise funds for Fury and Uranium.

    We dont need 90%. Certainly my preference is 50% plus.

    Coming out of the suspension was a dumb move when trying to raise at a premium IMO. But pressure was on them.
 
watchlist Created with Sketch. Add MHL (ASX) to my watchlist

Currently unlisted public company.

arrow-down-2 Created with Sketch. arrow-down-2 Created with Sketch.