Hi Ktrianta, As a shareholder I am very sceptical with the share price performance and am wondering what the hell is going on. Whilst all it's peers have managed to gain back to almost all time highs (except for WSA which has increased nearly 4 times this year), Mincor cannot get back on it's feet. As shareholders we all know that they have plenty of cash flow and continuously increase reserve but I am starting to acknowledge this is not enough for MCR to get re-rated. Something is holding this one back. Whilst I have every respect for Moore, the market is not responding to statements about proven performer and dividend payments, they obviously want confirmation of a long mine life. SMY is touching $6 and MCR struggling to hold $3.50. I am not happy and wish Moore would do something about the share price from continously being sold down.
- Forums
- ASX - By Stock
- pattersons raise target to 4.30
Hi Ktrianta, As a shareholder I am very sceptical with the share...
-
- There are more pages in this discussion • 9 more messages in this thread...
You’re viewing a single post only. To view the entire thread just sign in or Join Now (FREE)