M2R 0.00% 0.7¢ miramar resources limited

Watching people sell M2ROA today at 0.4c and I seriously...

  1. 1,863 Posts.
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    Watching people sell M2ROA today at 0.4c and I seriously question if they understand the value of anything.

    A seller just popped out almost 4mln at 0.4c to put $15,000 in their bank account.
    The stock is 1.6c...and the options have 3years to run...which means even if the stock falls back, that holding would still be worth $4-8,000.

    If I said you can have the difference now...ie. $7,000 OR 4mln shares in a company that could be worth anything in 3 years then surely the upside is worth staying with the stock.

    OR do you need $7,000 that desperately.

    Because if it turns out the stock goes to $1....boy that's gonna hurt.
 
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