MXR maximus resources limited

Ann: Dispute with Empire Resources Limited, page-2

  1. 4,113 Posts.
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    Feel sorry for shareholders.... there isn't any buy depth.

    As, I said they should have consolidated.... with ~3bill shares on issue, a CR now is close to impossible.... in addition to the dispute with ERL.

    If they had consolidated to 300 million shares... then a CR would be still possible.

    Although, a similar situation happened with WFE.... but then again, they only had ~1 billion shares on issue, which made a CR at least possible.
 
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