MRC
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0.00% 2.6¢ mineral commodities ltd

Ann: MRC notice to increase interest in Munglinup Project to 90%, page-20

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  1. Croc-file
    8,628 Posts.
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    18/04/24
    21:56
    Post #: 73415646
    Well I’m glad you agree 25 cents is for dreamers…There is no liquidity in this stock yet you claim share holders will gladly pick them up…I thought we had moved on from dreamers

    Todays announcement signals the desperation required to remain viable…This extra dilution could not be avoided as the company fights for survival and now with little option entered a loan agreement against going to shareholders for equity…I can see why they didn’t bother asking shareholders after the last under subscribed rights issue…There is little interest to buy and no equity..

    New lows to be tested in coming weeks…loans to be paid and additional dilution

    Regards Croc

    Last edited by Croc-file: 18/04/24
    MRC Price at posting: 2.6¢ Sentiment: None Disclosure: Not Held
    Likes Created with Sketch. 2  Upvote
    lightbulb Created with Sketch.  Great analysis
    Stroke 3 Created with Sketch. Comments Created with Sketch. Reply

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