CMC 0.00% 1.1¢ china magnesium corporation limited

I would've replied earlier but was suspended.Just a few points.7...

  1. 3,262 Posts.
    I would've replied earlier but was suspended.

    Just a few points.

    7 months isnt long term.

    They said no capital raising for phase 2 and phase 3, as you said its in the prospectus and other announcements.

    We havent reached phase 2 yet and hence obviously phase 3 so therefore raising were to be factored in when investing.

    This raising is because of a great opportunity and wont effect SP too much as you'd expect those in to hold.

    That said its at premium anyway at 30 cents.

    Management being the major holders... thats a good thing.

    Great management and great safe stock if you have the patience and dont panic sell on obvious manipulation.
 
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