MJC 0.00% 5.0¢ mejority capital limited

It looks like its lights out time, nothing going on or to see...

  1. 4,783 Posts.
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    It looks like its lights out time, nothing going on or to see here

    This company has less assets than me! How on earth is it able to be listed?

    $1.1m revenue from its boring operations, and $77k revenue from its Funds management division

    91 million Options Exercisable at $0.25 each on or before 29 June 2018. Well that isn't going to happen so with the money hemorrhage all I can see them do is raise capital once the cash from the latest sale is gone on salaries

    Would it be better to take a scrip offer in another fund manager or is there upside for this one?

    Is there an upside here or is this just an inevitable RTO for a lithium company coming up?

    The top 20 names look Malaysian (?) so maybe they will keep topping money into this thing?

    Anyone have a comment on this one

    125m shares is a long way to come back
 
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Currently unlisted public company.

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