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0.00% 1.1¢ china magnesium corporation limited

trador, they reckoned they would be very strong cashflow...

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  1. butcherbird
    963 Posts.
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    31/08/16
    19:52
    Post #: 18837150
    trador,
    they reckoned they would be very strong cashflow positive and profitable on about 2010.They have never achieved what they promised. Annual reports should be filed in fiction section local library.
    Cash of $2m, cash drain of $2m pa, short term liabilities of $2m... no point in selling now but I would give extra long odds for another annual report..
    CMC Price at posting: 1.1¢ Sentiment: None Disclosure: Held
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    lightbulb Created with Sketch.  Great analysis
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