MRF
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3.17% 6.1¢ mrl corporation ltd

20.4m new shares were issued/released on 21/5/15 at 4 cents...

  1. ddzx
    28,706 Posts.
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    27/05/15
    11:29
    Post #: 15359012
    20.4m new shares were issued/released on 21/5/15 at 4 cents

    another 4.6M are yet to be issued

    generally, the subscribers to placements take profits & generally the share price returns to the placement price

    so that MRF has not even reached 5 cents shows most of the new shares must be in strong hands

    this is pretty rare to see
    Last edited by ddzx: 27/05/15
    MRF Price at posting: 5.5¢ Sentiment: None Disclosure: Held
    Likes Created with Sketch. 5  Upvote
    lightbulb Created with Sketch.  Great analysis
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