MRC 0.00% 2.6¢ mineral commodities ltd

Ann: Quarterly Activities Report - March 2022, page-217

  1. 16,360 Posts.
    lightbulb Created with Sketch. 6942
    Hi Nevilleb

    It was part of the Notice of AGM, Shareholder needed to vote for the dual listing and the new share issue.

    https://hotcopper.com.au/data/attachments/4435/4435401-dbba522b80f800242ef1f8e613ff6695.jpg

    I believe MRC has completed all of the other items, Yet the grid connection remains outstanding.

    It still surprises me MRC were paying out dividends the year earlier, then looking to dilute shareholders the next year to funds those items.
    There seems to be little foresight at the time.

 
watchlist Created with Sketch. Add MRC (ASX) to my watchlist
arrow-down-2 Created with Sketch. arrow-down-2 Created with Sketch.