MRC
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4.76% 2.0¢ mineral commodities ltd

Ann: Entitlement Offer - Results and Shortfall, page-2

  1. wgdt72
    3,011 Posts.
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    28/11/23
    08:55
    Post #: 71137672
    Despite the SP and the dilution from the raise the company now has cash.

    Pressure is now on to turn that cash into consistent profit.

    Any deviation from this objective though will be severely punished.

    imo the risk here has both reduced and increased.

    So no play for me until we see some runs coming from somewhere.
    Likes Created with Sketch. 3  Upvote
    lightbulb Created with Sketch.  Great analysis
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