M3M 0.00% 5.5¢ m3 mining limited

the only hit so far is to shareholders pockets wait for next...

  1. 2,036 Posts.
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    the only hit so far is to shareholders pockets

    wait for next Tuesday when they issue 24 million new shares and 2 million more to the directors

    I’ve said before that my guess is once issued they will announce an acquisition of a uranium play and try to create some excitement and a brief spike to allow all the ‘sophisticated’ placement buyers to sell out at a quick profit

    leaving the ‘unsophisticated’ existing and new shareholders holding the baby.

    they don’t seem in a hurry to announce do they? My guess they announce within the next couple of weeks, maybe end of next week.

    I could be wrong so let’s see how the next few weeks play out. But normally the same story for lifestyle companies
 
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