MCR 0.00% $1.39 mincor resources nl

Ann: Quarterly Activities Report , page-18

  1. 2,906 Posts.
    lightbulb Created with Sketch. 117
    Mcr went ex div the other day and that's the day the sp started its fall.18th or 19th from memory.
    Normally the shares would fall on the first day of ex div by the amount of the dividend but this time,the sp dropped about 12 or 13 c in only a few days after.
    It showed XD on the market depth with my broker.
    Sp was trending higher in the few days leading up to ex div date.
    Certainly looking weak at the moment,but is a very well managed co. with plenty of cash but need to increase reserves.
    SP relies entirely on price of ni.and Aus$
 
watchlist Created with Sketch. Add MCR (ASX) to my watchlist

Currently unlisted public company.

arrow-down-2 Created with Sketch. arrow-down-2 Created with Sketch.