MCR 0.00% $1.39 mincor resources nl

re: picks up $13m cash n.c It's all good news for mcr, but with...

  1. 38 Posts.
    re: picks up $13m cash n.c It's all good news for mcr, but with the constant heavy selling coming in whenever the sp moves a few cents, it's a very frustrating stock to invest in. Even today, it's got no chance of cracking 70c, let alone closing above 69c. I'm starting to wonder whether, even if the company ann at 2c dividend and 4c special dividend the sp would still only move a few cents before everyone started selling again and pushing the price down. Good for trading I guess, but so frustrating if wanting to hold for a while.
 
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Currently unlisted public company.

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