MRD 0.00% 0.1¢ mount ridley mines limited

Is it time MRD was wound up?

  1. 7,439 Posts.
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    The company has done little over the last 2 years except burn cash. There doesn't seems to be any exploration or other strategy which demonstrates to shareholders this company is actually working with any capital provided by the likes of me , you and the market. This is where a red flag should go up with ASIC and the ASX and is systemic of what is wrong trading on the ASX, and why one day a RC will probably look into it.

    This company is apt at producing , albeit, huge timelines apart, announcements which can only be described as some gobbledygook from a geologists handbook. Nothing succinct, confusing, and piffle.

    Meanwhile here it is still active like a Venus flytrap waiting for the uninitiated. Stocks like this are a disgrace to the integrity of the investor market.

    Could there be a class action afoot ?
    Last edited by bobbym: 06/09/19
 
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