MOL 0.00% 6.9¢ moly mines limited

to have $80m in cash and liquid assets after , page-5

  1. 169 Posts.
    Dissapointing that the share price has not moved more upwards as one would have hoped.

    Partly it could be the time of year when many are selling to lock in a loss/profit before the close of FY.

    Despite this, I notice that in morning opening it is not unusual to see the SP being manipulated with higher buy orders beign cancelled at the last minutes before opening.

    As announced, I hope that the management can pick up some good business opportunities with the $81 Million cash.

    Little down side risk with this stock!
 
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Currently unlisted public company.

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