MMR mec resources limited

Mmmm still doubtful. The raise done around August 2019 was done...

  1. 234 Posts.
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    Mmmm still doubtful. The raise done around August 2019 was done at $0.005 so if you had bought 200k in the raise you would have had 40 million shares, so either you had 200k invested at a higher average price at which, anything you sell today you are taking as a loss, or the 200k amount is a bit of a furphy.

    In any event it doesn't really matter because you have made your decision and you are entitled to it, just like everyone else is entitled to roll the dice and see if DB can get PEP11 back on the agenda, either through the Libs winning the next election, or through the Courts. I think everyone here knows the situation and the risks.

    For me personally, i think it is worth the wait, because the tax free gains could be life changing for a lot of people here, plus the refusal reasons were so weak it would only take a 2nd year law student to prove bias and i think Asset has a very strong case.

    The first chance PEP11 will have is only a couple of months away and lets hope Australians are smart enough to see through all the woke ideological gibberish of Labor and the Greens and vote Liberal.


 
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Last
0.5¢
Change
0.001(12.5%)
Mkt cap ! $8.323M
Open High Low Value Volume
0.4¢ 0.5¢ 0.4¢ $2.673K 613.5K

Buyers (Bids)

No. Vol. Price($)
14 8201797 0.4¢
 

Sellers (Offers)

Price($) Vol. No.
0.5¢ 6683015 6
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Last trade - 15.45pm 20/06/2025 (20 minute delay) ?
MMR (ASX) Chart
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