MCX 0.00% 9.0¢ mariner corporation limited

Journo in the Age calculated the profit on the 4 sales at $860k...

  1. 143 Posts.
    Journo in the Age calculated the profit on the 4 sales at $860k - see http://www.theage.com.au/business/food-companies-tasty-for-unnamed-investor-20120327-1vwhr.html

    If the original payment for the 4 stakes by MCX was cash, this means the cash balance of MCX must be around or more than its market cap. It would be good for MCX to release an announcement around this and its new strategy, given that food is off the table, so to speak.
 
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