MSC 0.00% 6.4¢ minerals corporation limited

last day for take up, page-4

  1. 284 Posts.
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    I did swear that I wouldn't be putting more money into this company, but seeing as the share price is higher that the rights issue price I will take up my entitlement.

    However on this occasion I will put a stop loss in place and sell my entitlement immediately if the share price goes below 1 cent.

    I will not lose any more money on this stock!!!!!

    What do other think of the recent price action?

    IMO Vic & Co have clearly manipulated us again by releasing the sales update so conveniently within a week of the close of the rights issue. They must have been holding onto that one for a while and then when they saw acceptances were slow released an ambiguous announcement that doesn't confirm anything and contains only possibilities.
 
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Currently unlisted public company.

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