MGV 0.00% 39.0¢ musgrave minerals limited

anything under 10c is lucky Not sure how high the market will...

  1. 13,113 Posts.
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    anything under 10c is lucky

    Not sure how high the market will take it on potential because its oozing with it

    Looks like the market wants to see this raise money at a high price to avoid dilution bearing in mind only 125m shares on issue, 42% is tied up to the top 20.

    But at only 12m m/cap and $2.1m cash there is heaps of room to go a higher, raise cash at high share price with a small issue, and that's where the real big money can be made if you are long.

    Plus we know top 4 holders are Silver Lake, IGO and Barrick gold. Any raise will be oversubscribed.

    Silver lake were after a mill feeder, and they may just get one sooner rather than later.

    PS....I haven't looked into those stocks you mentioned.....for now it's all about MGV
    Last edited by specgoldbug: 11/06/16
 
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Currently unlisted public company.

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