CMC 0.00% 1.1¢ china magnesium corporation limited

Casting the Future of Lighter Vehicles, page-10

  1. 1,479 Posts.
    Not much buying going on here cause there ain't too many free floating shares. Last I looked 60% were held by management.
    CMC were to issue 10million shares at VWAP for a recent aquisition.

    Where is the 3b ?

    Is the company in compliance with the ASX listing rules ?

    Are we in production yet ? We were ment to be in Feb.

    I have also been buying absent the above info however it seems these deals with such massive companies shows CMC know the right people.

    MC under $3m seems odd to me considering they raised at .04 about 6 months ago.
    Last edited by Nitrox: 08/04/16
 
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