MMX 0.00% 4.7¢ murchison metals ltd

crystal balling for 2012 anyone? , page-19

  1. 10,824 Posts.
    The boards intent is to distribute the estimated $217m to shareholders as a payment, it is written in the quarterly report. The share price will fall by roughly the same as the dividend. The management are all hanging in for termination payments equal to 12 months salary (who would be looking for another job with that on offer). MMX will be reduced to a company with no staff, projects, cash, or market cap.
 
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Currently unlisted public company.

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