OTCPK:MGMXD - Post by User
Post by
materialsgirlon Jun 02, 2017 1:48pm
275 Views
Post# 26317838
Blue lgoon ownership
Blue lgoon ownershipAXY owns two-thirds of the Iceland operating electricity plants.
HS Orca, in turn, owns 30% of Blue Lagoon.
Therefore AXY has an ownership of 20% of Blue Lagoon.
The value of this ownership is unknown to me but some of the numbers
discussed seem a bit outlandish.
Is my understanding correct re ownership?
mat