I’m sorry Mr M but MMR will struggle to stay compliant and liquid at 0.003 as time moves on in 2025 for MMR, it’s plain to see imo, all it has on its books and future plans is court dates currently with the Commenwealth of Australia, and that even in its appearance is taxing on script given the grind of it and obvious lack of liquidity in MMR for any large holder to make a move out or needing a exit for what ever reason, you would have to admit to that the obvious lack of input from management of any direction for the company currently will take its toll as well since re listing will have to take its toll as well, and of course as is to be expected imo.
MMR has just returned from a 5 year suspension, as far as I know that’s the longest on record of the ASX, certainly the longest suspension I’ve ever been involved in, and thus one of the reasons I never took part in the recent cap raise, and the fact that only 17% of shareholders actually took part of the raise is testament to MMR current liquidity crisis for anyone wanting to exit, buyers simply don’t exist anymore at or above 0.004, which leaves 0.003 as the trading base, 0.001 from 0.002 MrM and obviously the level of a Cap Raise to buy a tangible project for MMR to keep compliance with its PDF !!!!
And as I know you lot are sticklers for the decimal point of late, and I don’t blame you they are huge decreases and percentages at current MCAP for MMR, but that’s the oily pennies dude love em or hate em
MMR Price at posting:
0.4¢ Sentiment: Sell Disclosure: Held
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