MMX 0.00% 4.7¢ murchison metals ltd

possible new beginnings for mmx cash, page-4

  1. 10,824 Posts.
    The best thing these guys could do with $325m is buy shares in Bhp below $35 and rio below $60. They'd get great capital growth and dividend income, and I think banking a few dividend cheques each year should almost be within their managerial abilities. so long as they don't get left on the bar at Black Toms. Anyone for a few cocktails, it's past 12 o'clock.

    But the institutions have seen enough of being an MMX shareholder. They'll expect sale proceeds to be distributed to recoup losses.
 
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