MMX 0.00% 4.7¢ murchison metals ltd

as ipo's struggle in aust reverse t/o's shine, page-7

  1. 75 Posts.
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    Yeah, it would great to see them backdoor list Cashmere. And if they purchase any shares at 4c a pop, that will bump up the cash backing per remaining shareholder. Maybe it is just as simple as: purchase all shareholders who wish to get out asap (at 4-4.2cps); wait for Cashmere to list or negotiate a backdoor listing with them; if no backdoor listing eventuates within a specific period (maybe a year), close down the shell and pay out the proceeds. If Cashmere list separately, MMX might become a type of CSE. MVT can force a capital disto and then sell their holding on market or similar?? Anyone's guess with this crew at the helm. The waiting game is on...
 
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Currently unlisted public company.

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