I made a call with MKR after meeting them at Noosa in 2018, I already posted it here last year, I said then I don’t think the insiders that set this up know if this will work or not. They picked up 80% of this for a song, they could have borrowed the money themselves but instead floated it so retail have funded it and continue to do so, if it does work they could easily buy back the 10% (by how the manage this) plus any diluted amount in time through debt and automatically acquire the rest by asx rules. As for silver I don’t know where it will go, I think it might keep edging higher but who knows, what I do know is these outlandish calls for Ag to move up on this break out chart signal or that cup and handle chart signal breakout have been all wrong along with the You tubers that called the Perth Mint insolvent a year ago. You might recall I called them out about that over on the silver thread as they didn’t know what the Perth Mint use paper contracts for! So I’m pretty happy at the moment with silver if it moves up great but I’m not losing sleep over it.
MKR Price at posting:
34.0¢ Sentiment: None Disclosure: Not Held
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