MRC 0.00% 2.3¢ mineral commodities ltd

Ann: Proposed Issue of Securities - Updated, page-35

  1. 15,832 Posts.
    lightbulb Created with Sketch. 6820
    "The big boys are rarely short term"

    You are finally starting to work it out Sirrobbo, Well done. The Big Boys see value.

    One point you are forgetting is that with 71% of the company controlled by 5 investors, any rerate can be significant due to the limited number of available shares. That is why I have mentioned once MVC has sold his remaining shares, there should be a quick rerate back to fair value when the processing issues have been resolved.

    If Scott's assessment is correct, this will likely occur early next year.

 
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