MOL 0.00% 6.9¢ moly mines limited

100% Loss For Shareholders!, page-4

  1. 2,689 Posts.
    lightbulb Created with Sketch. 39
    "...still higher than the last share price that the company traded on"

    Yes, but...

    1) Depends... e.g. drain $60m+ cash dry on fees for 10 years... nothing to return back

    2) Most holders didn't pay 6.9c, most of them paid a lot higher (eg 40c+, well below cash backing)
 
watchlist Created with Sketch. Add MOL (ASX) to my watchlist

Currently unlisted public company.

arrow-down-2 Created with Sketch. arrow-down-2 Created with Sketch.