re: whats up with this trading halt? You may well be right...

re: whats up with this trading halt? You may well be right meerkat but allow me to throw another possibilty into the mix.

According to the Annual Financial Report, MRC has approximately $7m in cash, deposits and listed investments (including the investment in ALD). At the current share price this means the rest of MRC is valued at just $1.7m or $0.03 per share.

Maybe the Caruso's are thinking about privitisation. Given the growing realisation that Xolombeni may still be years away (if it ever gets the go ahead) it wouldn't would take much of a premium for long suffering shareholders to dig their share certificates out from the bottom drawer. It might not be the simplest explanation but it might explain the Caruso's perceived lack of action on the MRC front - no point driving the share price up when intend to buy.