Should we beleive in recommendation from brokers? Personal choice.
How can you make SELL recommendation when CASH/ NUMBER ISSUED SHARES > 60 cents when shared traded at $0.69 plus production will increase with profitable margin.
How can I see MCR now?
- Issued shares --> reduced due to buy-back - Cash flow --> increase due to improve volume of production and reduced cost. - Debt - NO - Cash - about $80M.
What happen in the future?
- NO ONE KNOW - WE ARE ALL IN GUESSING GAME.
What can i see in 12 months?
- Cash about $100M or more. - Issued share - may be less than 100M due to buy back if we imporve cash flow and SP at this level. - We may receive special dividend - someone may take over MCR because we have hugh cash amount
MCR Price at posting:
69.0¢ Sentiment: Hold Disclosure: Held
