RE: 300% up. Who would have thought it.17 Jul 2025 10:47
MrH_m
Where is this ending up today (off the record)?
I had estimated 300% was fair. So it exceeded that already. For a while I thought it was going to 0.1 and up 400%. Perhaps not that to day but with news getting out It could exceed that. Once something triple bags, it not going to triple again the next day. But another 100% rise tomorrow on top of a 300% means a 600% rise right? Actually a 50% rise tomorrow really does go beyond what I expect. But who knows really? I think the value of Mako was always at least 5 times MC, so we are getting closer to fair value. Everything is fluid in this game who knows? I do know that the Mako asset is up for sale. I would expect a return of capital to shareholder and a wind down of the company. I am going for IMM for the next multibag.