Slj4 Oct 2018 14:14
I bow to your greater experience and knowledge in the field but I do,however,have to question the 10p valuation at the time of the review.MMX had been trading at around 9 /10p at the time.I can't see our management starting a review on the basis of 10p interest..What would be the point.?
Looking into the future with the combined MMX and ICM tlds in full flow ,I would have expected the $200/250m valuation that you placed on the business a while back.At the end of the day it is what it is and we are a long way from fair value today.I note that very small volume buying is lifting the SP, encouraging to see.