MRR 0.00% 0.8¢ minrex resources limited

Ann: MRR to acquire Projects in Lachlan Fold Belt, NSW, page-44

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  1. 1,193 Posts.
    lightbulb Created with Sketch. 67
    This will be my last post on MRR. I have held for years, as of Monday millions of shares and a sophisticated investor. Contacted company early on Thursday and no reply so sold a little at 5c, when I heard nothing after lunch Thursday sold more.
    Obviously they don’t care about LT holders so i sold a heap today and will ensure I’m out prior to the hot money being able to sell their 2c shares. So I’m only sorry to other holders as I know my selling (and possibly other LT holders who have voiced their disappointment here with current management and their approach to this raise) is pressuring the SP but that’s what happens when LT shareholders and major ones at that are not looked after.
    If management had handled this correctly the SP would be sitting North of 5c and it wasn’t rocket science.
    Good luck to holders who have been here for a while, if you topped up big time at 1c like I did perhaps take some off the table but obviously DYOR.
 
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