I have owned shares in MCO on 3 seperate occasions. I follow the company because I am interested in it. I have also owned shares in two other Victorian Gold companies in the past.
How was the non payment of listing fees an oversight by the ASX? Given the fees were not paid by COB Wednesday, MCO is delisted. All seems very relevant to me.
MCO has now been suspeneded for 12 weeks, but management has not given the market any update. If it were not for Hotcopper, investors would not even know that mining operations have ceased.
What has happened in relation to the gold operations of MCO may or may not be bad luck- the lack of information provided by management since 7 June is a disgrace.
MCO Price at posting:
11.0¢ Sentiment: None Disclosure: Not Held
