Absolutely ludicrous chart which means 9/10ths of fuuck all as AXG and MRD are basically two different companies after AXG financially restructured and then acquired the current Fraser Range tenement which from memory was in 2014.
The highest that it has been since the relaunch of MRD that I can recall from memory is 4. something cents. So the 20c figure you mention is irrelevant and meaningless to most current shareholders.
I would venture to say that most original shareholders who had their holdings significantly reduced by the share consolidation that occurred would have either reinvested at the low prices that were available just prior to or shortly after the acquisition of the Fraser Range tenement or alternatively sold out long ago.
MRD Price at posting:
0.5¢ Sentiment: None Disclosure: Held