MCT 0.00% 0.2¢ metalicity limited

Ann: Half Yearly Report and Accounts, page-28

  1. 266 Posts.
    lightbulb Created with Sketch. 32
    well its only $2.6m, wont do much but keep running costs going for another year.

    its just over 3 years running now with AB, the time frame of getting things done is already a deterrent for most investors and in the future all investors will consider the entire story and look at how events played out. IMHO

    I've spoken to a few friends at a few instos and they won't go near it because of the time taken for a return to be generated.

    Here's what they told me regarding MCT, when they looking seriously at something like AB:
    1. Is it generating profits right now?
    2. how likely is it to continue selling (given industry market risk) over the long term?
    3. How much MC growth can it have with only its current business?

    Hmmmmmm...then again they aren't always right
 
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