RE: A Brief Look At Mosmans Financial History ...5 Jan 2022 12:50
I love undervalued plays and I bought starting at 0.15p thinking thats the bottom. Lost 50% on the first purchases since! At least I know the SP is way cheaper than assets down here though, It's way oversold.
Story so far..
Contributed equity = 36,700,381
Accumulated Losses = (29,812,181)
That's how much its cost to get this far. For me only AUS can warrant any of this. AUS licence comes good I could see a market cap of £30m. Actually produce HE1 from AUS and £300m may be an option. You have to ask though, with the age of the BOD, do they have the energy, want and time needed to see that through? Young blood needed for AUS i think unless of course John and crew want to pull off AUS as his lasting legacy, leaving a final good taste in the mouths of his long term investors.
Bottom line, PR and shareholder communication/value is leaving a lot for improvement.
Interesting this has fallen so far on low volume. Now we talk about the BOD being outed, its being walked up with low volume. These low liquidity ones leave a lot of room for manipulation.