MRC 0.00% 2.6¢ mineral commodities ltd

Hi Sirrobbo,I am not sure why you think I need to provide the...

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  1. 16,460 Posts.
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    Hi Sirrobbo,

    I am not sure why you think I need to provide the lists of directors buying and the poor outcomes for investors.

    You know from your own investment ,the director you have followed has put money into the company at 23c, 20c and 11 cents. Considering the SP is 10.5 cents none of these investments have been successful. But you seem to think losing upto 55% of your investment is "a good thing"

    Its even worse at MNS, where the company is suspended from the ASX and the company is currently being taken to court by ASIC.

    You could see director buying/their marketing as a way of protecting their investment.

    Anyway, I am not sure how this has any relationship to MRC, as I said I would prefer share based payments on the company achieving milestones, i.e SP appreciation or the successful outcomes of development/profitability.


 
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