MHM Automation - MHM

[Joshuatree]

A piece of string will be sent to you ;SirPrize

[SirPrize]

Oh thanks, can't wait.

[GRIFFIN]

Hey Josh how long will the piece of string be so that SP knows how many loose ends he can tie up.

[percy]

Mercer share prices????
Market today; buyer 22 cents ,seller 23 cents.
Milford paid 16 cents.
Shepherd converted [free] options at 7.5 cents.
Today off market sale of 3,000,000 at 20 cents.Is that you buying Lizard?
Nice to see there are so many different prices people pay.
Reminds me of those "multi level " marketing companies.Was it Amway who led the field?Are they still in business?

[percy]

Mercer share prices????
Market today; buyer 22 cents ,seller 23 cents.
Milford paid 16 cents.
Shepherd converted [free] options at 7.5 cents.
Today off market sale of 3,000,000 at 20 cents.Is that you buying Lizard?
Nice to see there are so many different prices people pay.
Reminds me of those "multi level " marketing companies.Was it Amway who led the field?Are they still in business?

[stoploss]

Mercer share prices????
Market today; buyer 22 cents ,seller 23 cents.
Milford paid 16 cents.
Shepherd converted [free] options at 7.5 cents.
Today off market sale of 3,000,000 at 20 cents.Is that you buying Lizard?
Nice to see there are so many different prices people pay.
Reminds me of those "multi level " marketing companies.Was it Amway who led the field?Are they still in business?

I'm with you Percy, reckon if they want to put through business @ 20, they should have to clean out any buyers 22,21 and 20. Winds me up when I am sitting on a price and trades get crossed through at the same price .

[winner69]

The questions are:
Why did Milford pay only 16 cents if Mercer prospects are so good?
Why did NZ's top broker First NZ Capital only manage to sell Mercer shares at 16 cents if Mercer prospects are so good?
Why did Humphry Rolleston/Murray and Co not buy the Hubbard shares if Mercer prospects are so good?
And finally,how many years will it take before Mercer's are in a position to pay a dividend?
Maybe they all thought 16 cents was fair value for Mercer shares.!

Fair value stills seems to be 16 cents .... top of the loser board today

[percy]

Well I note there is a brave buyer there at 16 cents.Brave as the SP is now under both the 50 day and 200 day moving average.Think it is called a death cross.?

[percy]

Pretty illiquid stock with no discernible long term movement ya got there percy. think its pretty range bound with constanst crosses so don't think it applies nearly as much in this case.

Yet the seller of 6mil shares at 25cents, the week of 20th January 2014, certainly timed "the discernible long term" right. !! lol.

[Beagle]

Percy mate...just a heads-up. The former accountant of Mercer is a friend of mine and this really is a DOG of a thing and nothing has changed since he left...if anything its got worse. Senior management wouldn't know **** from clay if they fell into it and certainly wouldn't have the faintest idea how to manage their way out of it..is the word I got on this flea ridden mongrel.