MSC 0.00% 6.4¢ minerals corporation limited

MrFriendlyMSC has survived for quite a while with a Current...

  1. 41 Posts.
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    MrFriendly

    MSC has survived for quite a while with a Current Ratio of less than 1 somewhat of a modern miracle IMO. (Current liabilities > current assets). 2 miracles in the same company, hmm.
    In terms of making a reasonable return in 15 years
    If you got in at 0.004 pre consolidtion and you want 7% growth the SP needs to be around 56c when you retire 10% -86c. If you got in a 1c then you the SP need only get to $1.38 / $2.09

    CommSec has a book value of minus 4c as at July 2009 (What the shareholder owns)

    Goodluck
 
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Currently unlisted public company.

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