Cash is hard to come by these days. Lots of juniors are finding it almost impossible to raise funds given the current jiteers in the financial markets over the Euro and to a lesser extent the US economy.
MMX is a cash box waiting to be taken over. Remember Alan Bond? He was the master of taking over companies loaded with cash and then move all the cash out to finance his snow balling empire until it hit a brick wall.
MMX Price at posting:
47.0¢ Sentiment: None Disclosure: Held
