MRC
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4.76% 2.2¢ mineral commodities ltd

I am not so sure things will settle down. Based on the...

  1. BurnieBoy
    224 Posts.
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    03/09/19
    15:27
    Post #: 40293330
    I am not so sure things will settle down. Based on the submission to the Takeovers Panel the assertion is that persons associated with Au Mining have control of over 40% of the shares in MRC. The Takeover Panel declined to get involved. The price creeping up could be an attempt to push the combined holding closer to 50%. There probably are only about 15% or so of floating shares. Could be interesting times.
    MRC Price at posting: 24.0¢ Sentiment: Hold Disclosure: Held
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    lightbulb Created with Sketch.  Great analysis
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2.2¢ 		Change
0.001(4.76%) 		Mkt cap ! $21.65M
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