MOX 0.00% 0.2¢ monax mining limited

low capitalisation and closely held

  1. 510 Posts.
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    MOX only has 29 Million shares on issue and hence low market capitalisation (Approx. $13 Million at current price).

    Most of these shares are held by top 20 shareholders (which include Directors, etc, which hold 11 Million odd).

    This company is closely held with small capitalisation and I don't need to explain the obvious and what happens if good news travels and investors want buy shares.

    I prefer an increase in the share price created by investors rather than traders ... definitely reduces the possibility of any potential downward movement in the share price.

    I hold my fair share of MOX with a mid 20's purchase price and will definitely continue to hold.

    Zippy1
 
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Currently unlisted public company.

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