MRC
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0.00% 2.6¢ mineral commodities ltd

Ann: Quarterly Activities Report - March 2022, page-217

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  1. spid81
    16,515 Posts.
    lightbulb Created with Sketch. 6998
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    16/06/22
    21:03
    Post #: 62044250
    Hi Nevilleb

    It was part of the Notice of AGM, Shareholder needed to vote for the dual listing and the new share issue.

    https://hotcopper.com.au/data/attachments/4435/4435401-dbba522b80f800242ef1f8e613ff6695.jpg

    I believe MRC has completed all of the other items, Yet the grid connection remains outstanding.

    It still surprises me MRC were paying out dividends the year earlier, then looking to dilute shareholders the next year to funds those items.
    There seems to be little foresight at the time.

    MRC Price at posting: 9.0¢ Sentiment: Buy Disclosure: Held
    Likes Created with Sketch. 1  Upvote
    lightbulb Created with Sketch.  Great analysis
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