MJP - Martin Aircraft Company

[Fearless Farang]

Reuben from Axstra here in Sydney (the company who listed MJP on the ASX), reckons that we are lucky that the stock is not trading at 5 cents. We are definitely heading in this direction (take a look at my Twitter site to see why). Maybe at the end of this month .....

 

[Fearless Farang]

16 cents today - fair price.

If by any chance you are also a member of the HotCopper forum, would you mind placing a link to my Twitter site there. I am just so tired of the deceptions coming from this company, trying and succeeding to rip of Australian investors from across the Tasman.

 

[Fearless Farang]

Are the Kiwi's trying to pull a fast one on us or is it just stupid me who can't work out why there was such a large rise in value (share price) in relation to the NTA figures given to the market today?

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If by any chance you are also a member of the HotCopper forum, would you mind placing a link to my Twitter site there. I am just so tired of the deceptions coming from this company, trying and succeeding to rip of Australian investors from across the Tasman.

 

[greggles]

On 28 February, after a catastrophic three years since its listing, Martin Aircraft Company issued a formal request to be removed from the official list of the ASX. Their Jetpack concept never developed into a marketable commercial product and the operating losses have kept mounting. The company's cash reserves have continued to dwindle and it now appears the end is in sight.

R.I.P. MJP.

 

[System]

On June 4th, 2018, Martin Aircraft Company Limited (MJP) was removed from the ASX's Official List under Listing Rule 17.11 after security holders resolved to remove the Company from the Official List.