MMR 0.00% 0.4¢ mec resources limited

value of MMR, page-40

  1. 781 Posts.
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    I suspect there may be a big sell off when it resumes trading. The SP isn't going to stay at 0.004 - even BPH in the doldrums as it is now is still holding above 10c... if MMR makes it to 10c then that's a 25 bagger - but we now have to pay tax on it. I don't know where you bought in, but if all goes well with PEP11's approvals, BPH and MMR will skyrocket, so maybe you'll be OK? BPH was at 31 just recently. I first bought into MMR at around 70c back in 2010, so I know that a loss is hard - and that was a big loss after New Seaclem - and you're right about losing PDF status is good for a loss. Pity we can't back date the loss.
    Last edited by vcubitt: 12/02/21
 
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