MMX 0.00% 4.7¢ murchison metals ltd

re: Ann: ACTIVITIES REPORT FOR THE QUARTER EN... Bottomfeeder I...

  1. 2,300 Posts.
    lightbulb Created with Sketch. 67
    re: Ann: ACTIVITIES REPORT FOR THE QUARTER EN... Bottomfeeder I think that is all fair enough, if it does run up above 5 cents again I would consider doing the same. Most of my holding was acquired at 4.1 cents. The possible upside is Cashmere which I am certainly no expert on. If Ron sees any value there he may want control and could be squeezed to pay more. I imagine the cash drain should slow down now that buyback is over and am sure they are constantly reducing costs. Guessing the next move will be a bid for the company at close to cash backing, maybe 4.8 cents?
 
watchlist Created with Sketch. Add MMX (ASX) to my watchlist

Currently unlisted public company.

arrow-down-2 Created with Sketch. arrow-down-2 Created with Sketch.