MMX 0.00% 4.7¢ murchison metals ltd

kick the dog while it is down

  1. 54 Posts.
    What a monumental fortnight where we have seen the SP drop from $0-56 to $0-23.
    Substantially caused by Deutsche bailing out?
    Disappointing the board has remained silent. Is there more bad news that has not been disclosed?
    Posters speculating the company will be wound up or go into administration seem totally unfounded. The board are experienced and well aware of their fiduciary duties.
    With the fairly heavy selling of course those shares have been rebought and probably most have been churned downward.
    Many future scenarios have been proposed on this forum. Most negative ones by posters not holding stock.
    I think the most likely outcome down the track may suprise everyone.
    Good luck to holders.
    I will continue to hold as I am lucky to retain stock bought when the company listed.
    DYOR
 
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Currently unlisted public company.

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