some serious game playing going on this week. SP range of .8c to 1.5c Monday, and looked manipulated to close on the low. also a big surge in volume that then disappeared.
$120 million in tax losses arguably makes MCX worth $40 million+ to the right business model over the next few years. new mgmt are saying they will use these tax losses as part of a corporate raiding outfit ala ron brierly's mob in the 80's and 90's. plenty to keep an eye on here.
difficult to see how you can go too far wrong getting in below 1c.
MCX Price at posting:
80.0¢ Sentiment: Buy Disclosure: Held