Well, MXC has a MC of $37mil and this is the lowest I have seen the SP - much lower than the heady 12 cents it used to be - and with less going for it as they have changed the emphasis of the company to a health supplement supplier.
I'd be surprised if MXC does not de-list in Australia and just trade on the UK exchange. At least they could cut costs by having a single listing.
Probably have to worry about some sort of class action from peeved share holders.
Ann: Quarterly Activities/Appendix 4C Cash Flow Report, page-13
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