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5.26%

3.6¢ metallum limited

Wouldn't that burn the CR managers. Selling their shares at a...

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ridgydidge75

430 Posts.

17/07/14

10:01

Post #: 13672207
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Originally posted by merchant7 ↑

Share value is based on intrinsic value of a company. Simply put, divide what is company value in total $ and divide by number of shares. But market, if it sees company having good growth puts a value at higher than what it really is. Or vice versa. Market is always ahead in both ways. All this theory holds well for companies those are large, well held, well represented board. Months back shares were issued at 2.7c Here are holders already talking of new CR at 2c. Tell me where is this heading. Shares are trading at 2c ever since they were issued at 2.7c I am sure one must have rock in my head to think any other way. Company must borrow from a bank for once and show ability to borrow from decent source if they think this is going bring in revenue. They can find easy money to lend against a credible stock pile. I am sure of that. Albeit at slightly higher interest rate. They should stay away from this spiralling exploitation by so called SI.

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Wouldn't that burn the CR managers. Selling their shares at a loss in hope of picking up more at the next CR.

Here's hoping

Good to see you offing positive alternative Merchant.
Cheers
RD

MNE Price at posting: 2.0¢ Sentiment: Hold Disclosure: Held
1 Upvote

0 Great analysis

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