Gday Purplepatch,
Mate,thats not how the spec end of the market works
Its not about the shareholders,thats dreamtime stuff
Directors etc if we be honest give lip service about shareholders to just keep them in check,
its just all puff puff
The facts are,when capital is required,they will line up instos etc and do a sweetheart deal that suits the insto and their sophisticates,because the old ill scratch your back if you scratch mine is the way this end of the market works.
Thats how they can continue to get financed when they need capital,its a boys club until something substantial happens.
Shareholders at this level just get used and abused,and when the price rises to where the big boys want in,then shareholders aernt needed anymore and the cycle starts over again with everyones hand in the til at shareholders expense
Mnm is no different
Dont expect to be looked after as a shareholder,because its not about you
Fact
MNM Price at posting:
1.7¢ Sentiment: Buy Disclosure: Not Held
