VTgood to see I'm not the only one left standing. read the...

VT

good to see I'm not the only one left standing. read the latest ann's, MCX has been colonised by a group with good property portfolio management and development experience under their belt. MCX is set to become the listed entity for their business efforts.

with a market cap of only $1 million any credible, revenue generating commercial property business that gets reversed into MCX has to produce a market cap of $10 million at least.

sure, more shares will get issued to these guys as they get themselves set, but I still see some major bang for your buck at SUB 1c level. I suspect a lot of people don't realise the tremendous upside that getting set at between $0.005 and $0.009 can deliver when a company at deaths door turns around, which is exactly what is going on here.

Also we have had a large insto (perpetual trustees) selling off a massive and heavily underwater position in Mariner Finance for years now, probably to crystallise a tax loss. I have been buying them from them for 12 months with a sense of deep gratitude. They have unloaded 30 million in the last year alone.