MLS 0.00% 2.6¢ metals australia ltd

Ann: Further Drilling Intersects Near Surface High Grade Graphite, page-32

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  1. 3,972 Posts.
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    Some emotional tantrums in these threads. Sympathies for holders who have watched the value of their shares disintegrate. However, $50-$100m MC is well within the realms of possibility on the back the right resource. If those grades match up to the widths, this thing could turn out to be a monster.

    Consolidation, whether good or bad, is quite inevitable. The BOD doesn't care about shareholders. They care about their ability to receive more funding from the market. They will easily find new investors if the registry is cleaned up with a huge resource emerging.

    Don't hold on to the hope that there will be some kind of "justice" for existing holders. The only way you can get any sort of control is if you boot the board out. New investors won't care about the history if they see an opportunity to make money. Thats the game - getting in and out at the right time. Unfortunate for those who have ridden Gino's talents to these depths.
    Last edited by Beard_of_Zeus: 23/04/19
 
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