MML 2.41% 85.0¢ medusa mining limited

MML very low valued, page-7

  1. 81 Posts.
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    maxmojo, i hope you didn't buy in 2012 when MML hit its top. That maximum price was what attracted me to MML a few months back when the price was 37c, now it's doubled that. Your info is valuable but i'd like to add a points based on 2015 year's B/S - its NTA was 1.1 times its MC; its NTA was almost 1.9 times Equity; debt is SFA; and last year it wrote off almost 50% of its fixed assets!!!
    Geez, is it worth $10 again???
    That tells me you're right - drastically underpriced particularly considering liquidity, capacity, etc.
 
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