CMC 0.00% 1.1¢ china magnesium corporation limited

Ann: Appendix 4C - quarterly - March 2015 reissued, page-4

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  1. 2,558 Posts.
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    This company really baffles me:-
    *There is very little information about there activities
    *A slow Buyback to not raise the Share Price
    *New business acquisition, with very little information
    *Massive amount of Turnover with little information
    *Profit looks great, infact remarkable for a $8m MC company, but hard to predict in future

    All these bullet points tell me something is up, I believe there is an active plan to purchase 10% of the company at 4-5c in preparation for the conversion of options at 7c, the company appears to be in the best state for years but with information contained, the share price can't appreciate.
 
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Currently unlisted public company.

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