MRQ 12.5% 0.4¢ mrg metals limited

well obviously general market doesnt see the value add having...

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  1. 2,822 Posts.
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    well obviously general market doesnt see the value add having player like sinowium lithium on board. perhaps if it was dengsheng the SP would have exploded.
    20M odd shares have been sitting at 0.004 for weeks for sale and no one has bought apart from some trying to get mid orders through. so obviously retail is not going to move the SP. Having a big investor taking a nice stake in MRQ would get things moving.
    3 months on since binding JV, perhaps market is starting to write off the JV as no cash receipt of 3M$ nor no update to study which was suppposed to take weeks.
    i have a longer term view on this Stock atleast 9 to 12 months but what suprising is sheer lack of interest and really low volumes.
 
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