MCR 0.00% $1.39 mincor resources nl

Bell Potter - HOLD recommendation, page-11

  1. 9,751 Posts.
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    He did it before in ANL AHZ POS AGO et al.
    He WILL do it again imho.

    He is no white knight, he is the dark knight, soon you will see.

    In POS he diluted his average 20c holdings down to 5.0c increasing SOI from 1B to 3B shares when BMM bid for it at 6.0c in 2018 stuffing us loyal LTHs like prize pigs yet rewarding the big boys BMM and himself yet again with a mass of cheap shares.

    in ANL it went into liquidation from 400c to 0c.
    AHZ was diluted to infinity and SHORTED down then reconsolidated 20-1 & rebadged. He sold out most his stock at the top price.

    In AGO he & Gaines told us his 20% was a strategic asset and he was supporting the BOD then he backflipped to Gina for a pathetic 25% gain throwing us 90,000 aussie battlers under the bus for peanuts which Gina then went on to make $15B from instead of us who got $450M!
    FMG & AF missed out on a massive 33 x MBer in AGO which made Gina Ozs richest person.

    Wheres the thanks from AF or Gina to us little guys...NONE!

    His mates at UBS IGO dont appear very friendly to him atm.
    Why havent they sold to him at 140c their 13% holdings?!
    Not such mates after all are they?
    Looks like IGO UBS wanna do a deal in SECRET or get a quid pro quo.

    If he finishes with 75% thats a massive win and he can then start the dilution & deBHPing process and fight BHP from inside MCR with his puppet BOD. He may even leave some of the old guys there as fall guys.

    We will soon find out.
    Shoulda taken the money toombs at 200c-270c like I told ya.
    Last edited by tomboy: 03/05/23
 
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