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MRG Mercury Recyc.

5.25
0.00 (0.00%)
26 Nov 2024 - Closed
Delayed by 15 minutes
Share Name Share Symbol Market Type Share ISIN Share Description
Mercury Recyc. LSE:MRG London Ordinary Share GB0030426455 ORD 10P
  Price Change % Change Share Price Shares Traded Last Trade
  0.00 0.00% 5.25 0.00 00:00:00
Bid Price Offer Price High Price Low Price Open Price
Industry Sector Turnover Profit EPS - Basic PE Ratio Market Cap
  -
Last Trade Time Trade Type Trade Size Trade Price Currency
- O 0 5.25 GBX

Mercury Recycling (MRG) Latest News

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Mercury Recycling (MRG) Discussions and Chat

Mercury Recycling Forums and Chat

Date Time Title Posts
06/12/201619:25Rising Mercury263
01/8/201209:11Mercury Recycling Group45
14/7/200508:21Graphs + News102
18/4/200520:03Heavy Metal-

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Mercury Recycling (MRG) Most Recent Trades

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Mercury Recycling (MRG) Top Chat Posts

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Posted at 31/7/2012 22:02 by fundementals
Scheme of arrangement, received from Selftrade

Terms: CAPITAL REORGANISATION AND CHANGE OF NAME The Company has announced proposals to undertake a reorganisation of its share capital and to change its name to Ironveld Plc. The proposals are subject to Shareholder approval at the forthcoming General Meeting to be held on 15 August 2012.

Terms: Capital Reorganisation: Each of the Companys issued Ordinary Shares of 10 pence will be sub-divided and re-designated as one Ordinary Share of 1 pence and nine Deferred Shares of 1 pence.

Change of Name: All securities under Mercury Recycling Group Plc will change issuer name to Ironveld Plc.

Further information may follow in due course.
Posted at 04/5/2012 19:42 by eburne1960
No, no synergy at all. 2 directors who bought a stake in MRG have experience of natural resources (they are also on the board of Amerisur). So this acquisition is not a great shock. According to a press article I saw somewhere, they are keeping the mercury side, but I wouldn't be surprised if it was offloaded at some point.
Posted at 04/5/2012 09:34 by gelp
Is there some synergy, mercury, palladium. struggling to see benefit for MRG shareholders. what happens to old business. am i missing something?
Posted at 30/4/2012 12:20 by abudhabitrader
I belive the admission document was to be posted to MRG holders by the end of April. Anyone recieved anything. As a current SLP holder I think it spositive for both holders. We get free shares and see someone concentrating on the Iron Ore and you het to diversify in to something that can do much more for your share price

Good luck to all of us.
Posted at 30/5/2011 14:48 by dealit
There is something not quite right about this stock. I bought in becuase the financials were good, potential was good but since the introduction of Westleigh Investment things have gone backwards. I have been involved with investment company takeovers before this is just typical MRG will release bad news and then Westleigh will move in with a cheap buyout price. Sad but true IMHO
Posted at 27/5/2011 12:59 by antonz
Sold all my shares recently. Couldn't see a future for MRG. recycling of tubes and street lamps has a limited future as new lighting, minus the nasty elements, develops. ie. Marlin lamps for example. I've had these from day 1 too.
Posted at 27/5/2011 09:16 by gengulphus
Is it me or was there a large slice of whingeing in the references to a customer driving a hard price ?

It's not just you - it took me a day or two to realise it properly, but I think we're dealing with a perpetual "jam tomorrow" company here - longer-term prospects always look good, but there are always excuses why they're not materialising in the shorter term...

I'm afraid I'm out. I understand your viewpoint about staying in because of approving of the concept, but I've been burnt by perpetual "jam tomorrow" companies before and prefer to limit the scope of the scorching this time. And having a shareholder like me won't really do the company all that much good - it makes no difference at times that the company is not trying to raise extra capital, and it's dead weight when the company is trying to raise capital, because I most definitely am not throwing good money after bad with this company... Better for all concerned if ownership of my shares is taken over by someone with a stronger belief in the company, I think.

Gengulphus
Posted at 26/5/2011 09:03 by luminoso
Is it me or was there a large slice of whingeing in the references to a customer driving a hard price ? "Its not fair" is not a business strategy that gives me a lot of confidence. However, I will continue to hold - more as a statement of commitment to the cause and belief in the concept rather than any hope of making money out of this particular stock. Its not impossible for this to turn round - unlikely, but not impossible - and if it did, it could move sharply upwards. I won't hold my breath though. I'll look for profits elsewhere.
Posted at 27/9/2010 09:21 by gengulphus
It was really a facetious comment relating to the post above mine, where the poster was waiting for a 5p entry and a long hold to 10p !

Yes, I realised that - I was basically just using it as a lead into saying something about the Westleigh deal!

Market reaction today is certainly interesting - both in general because it suggests people think the Westleigh deal is underpriced, and for me personally because it would be nice to have a share that is in profit in the PPP competition! (Not that I can really complain about my lack of success in that competition - I'm always short of research time around that time of year, and so either end up not entering at all or picking a share pretty much entirely as a "well, it might do well!" punt!)

Gengulphus
Posted at 24/9/2010 17:13 by luminoso
I totally agree, Gengulphus. It was really a facetious comment relating to the post above mine, where the poster was waiting for a 5p entry and a long hold to 10p !
Westleigh will do well if MRG do well and they clearly expect them to. I guess the problem is if the company have given away a bit too much of their future in order to get cash in the short term. That suggests they have immediate plans for the cash - and I hope they do ! Is there an obvious area for expenditure ?
New technology in a new area of recycling ?
I see they are seeking acquisitions in the rns.
Can't buy a lot for £175k - so would hope it is potentially a big return.
Market liked it today.
I would like to hold for the long term from an ethical point of view but I have to admit that a dramatic spike would tempt me greatly to cash in my chips, as the share price has had a habit of wild fluctuations in the past and I have waited quite a long time for upward movement.
Still, should move it up the PPP Share Comp standings a bit, if the rise is sustainable !
Mercury Recycling share price data is direct from the London Stock Exchange

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