MRC

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FjordInvest

262 Posts.

144

17/03/22

14:33

Post #: 60253475
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Originally posted by spid81: ↑

"The fact that all these clowns forget there is 15% of capital amongst non aligned shareholders is going to be the true coup de tat."
Hi Fjord,

Based on your comment, Its pretty simple to work out who you are

There are only 3 possible shareholders in MRC who have ~15% shareholding,

AU mining 28.2%
Tormin Holding 12.2% (AU minings ex wife)
Zurich Bay Holding 12.1% (Sumito/Caruso) plus personal shareholdings. (ex Ceo and associates)

2 of these substantial shareholders took part in MRC recent capital raising. The one in bold is investors did not take part and is unlikely to gain any support from the other major shareholders to remove directors from the board.

I do find your posts very entertaining,

The only person you are impacting with your negative view is the 15% shareholders you claim to represent.

The 64mil shares you hold currently are worth around $7mil, with it likely you are related to ZB, your own selling and down ramping have cost yourself around $14 million dollars. including the additional dilution to the share registry by pushing the SP lower for the capital raising.
Sure MRC has had some issue which have contributed to the fall in the SP, but I honestly think the pain would have been significantly lower if Zurich Bay used a BOT or sold out with smaller daily parcels.

Keep up the good work. all the issues at Tormin and Skaland have been resolved or soon to be resolved, it will come to a point in the near future where your views and shareholder have zero impact on MRC SP and MC.

BTW, wouldn't you think it would be better to slowly sell out and achieve $14 mil more for your investment? I would have thought that would have been a better solution then selling on every positive announcement MRC produces.

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Hoot Hoot

are you not reading the words on the screen in front of you?

Why would any of those guys be on hotcopper? They are too big for this puddle.

How many shares are represented by smaller holders who are just fed up?

Thats your approximate 15%.

You really like to take a crack at teh big time by association dont you.
Absolutely not related to any party.
Just a collective of disappointed shareholders who want to do something.

You have good inout occasionally, if you tone down the ego a bit you might be a valuable addition to the collective.

MRC Price at posting: 11.0¢ Sentiment: None Disclosure: Held
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