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0.3¢ mrg metals limited

Absolutely. I have to say while I said it was weird, I say that...

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moj3

947 Posts.

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30/08/18

12:27

Post #: 35293052
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Originally posted by cashken ↑

The terms proposed were very generous.

I was exceptionally pleased with the benchmarks proposed,escrowing of shares and the relatively small cash payment.

Two things, in my opinion could be distilled here.

If vendors aren't willing to accept generous share packages, then those vendors - in my opinion - do not believe in the project.

If there is no upside in the self-belief of the vendor - who has the intimate knowledge - why would there be upside for the shareholder?

Secondly, the reasons for the delays - before the final decision to cancel - are there for all and sundry to see.

Above is my own personal opinion and it is important for shareholders to draw their own conclusions with regards these ASX announcements.

Looking forward to a much better acquisition, especially as we are valued as a shell.

Looking forward to a possible sale in Sweden.

And looking forward to seeing what happens in Mozambique with regards to mineral sands projects.

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Absolutely. I have to say while I said it was weird, I say that in a positive manner. The directors are being transparent. Good for them as it is rare on the ASX.

Definitely looking forward to sales news and also another acquisition.

MRQ Price at posting: 0.5¢ Sentiment: Hold Disclosure: Held
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(20min delay)
Last 0.3¢		Change 0.000(0.00%)		Mkt cap ! $9.490M

Open	High	Low	Value	Volume
0.3¢	0.3¢	0.3¢	$525	175K

Buyers (Bids)

No.	Vol.	Price($)
3	2846826	0.3¢

Sellers (Offers)

Price($)	Vol.	No.
0.4¢	25870526	19

View Market Depth

No.	Vol.	Price($)
15	22176536	0.003
26	27200476	0.002
26	67533287	0.001
0	0	0.000
0	0	0.000

Price($)	Vol.	No.
0.004	25862154	35
0.005	12060000	12
0.006	8411252	11
0.007	5484000	7
0.008	5188095	6

Last trade - 10.04am 04/12/2024 (20 minute delay)

MRQ (ASX) Chart