Mec Resources Ltd (mmr) Logo

Mec Resources Ltd (MMR)

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VOLUME
DIV YIELD
PE RATIO
1 YR RETURN
52 WEEK RANGE

MMR Chart

MMR's Principal Activity is the invest into a variety of industries, including companies in the energy and mineral resources sector.

Share Price Activity

Last (Price)
Change 0.00 (0.00)
Bid / Ask -
Volume
Volume (4w avg)
Turnover
Open
Day Range -
VWAP
Prev Close
Last Trade

Performance

1 Week
1 Month
2021 YTD
1 Year
vs Sector (1yr) -10.32%
vs ASX 200 (1yr) -23.49%

Size

Market Capitalisation
ASX Rank 2,254 of 2,297
Sector Rank 153 of 166

Key Information

Shares Issued
Sector Energy
Similar Companies NXG / NSE / IEC
EPS -$0.001
DPS $0.00
NTA per share -$0.01

Broker Consensus

MMR is not covered by a major broker, or data from most recent compilation was omitted due to not meeting QA guidelines.

Announcements

Date Heading Pages File Size Time

Company Overview

MEC Resources Limited (MMR) is a Pooled Development Fund investing into exploration companies targeting large energy and mineral resources. MMR's primary investment is its 47% interest in Advent Energy Ltd.

Incorporation Details

Incorporated was incorporated in Australia on 20 April 2005 in Western Australia.

Corporate Details

Head Office South Perth WA 6151
Website www.mecresources.com.au
Registry BoardRoom
Auditor Moore Australia Audit (WA)
Date Listed 29 May 2006

Upcoming Calendar (Forecasted)

Date Event
30/08/2021 Report (Prelim)
13/10/2021 Report (Annual)
25/02/2022 Report (Interim)

Dividend History

DPS and Yield calculations use the Pay Date.

Ex-Date Amount Franking Gross Type Payable
No dividends paid.

See Upcoming Dividends for all ASX companies.

Directors & Management

Directors & Management

Name Title Since Bio
Mr David Leslie Breeze Non-Executive Director Oct 2020 Director Bio icon

Mr David Leslie Breeze

Non-Executive Director

Mr Breeze is a Corporate Finance executive with experience in the stock broking industry and capital markets. He has been a corporate consultant to Daiwa Securities; and held executive and director positions in the stock broking industry. He has published in the Journal of Securities Institute of Australia and has also acted as an Independent Expert under the Corporations Act. He has worked on the structuring, capital raising and public listing. Mr Breeze was a founding Director of MEC Resources. In the past three years Mr Breeze has also held the following listed company directorships: Grandbridge Limited (from December 1999 to present as managing director) - Grandbridge was delisted from the ASX 2 February 2020; BPH Energy Limited (from February 2001 to present as managing director); and MEC Resources Limited (Managing Director from April 2005-November 2016).

Mr Anthony (Tony) Huston Non-Executive Director Oct 2020 Director Bio icon

Mr Anthony (Tony) Huston

Non-Executive Director

Mr Huston has been involved for over 40 years in engineering and hydrocarbon industries for both on and offshore exploration/development. His early career experience commenced with Fitzroy Engineering Ltd, primarily working on development of onshore oil fields. During the 1990's Mr Huston managed JFP NZ International, a Texas based exploration company that included a Jack Up rig operating in NZ waters. In 1994, Mr Huston managed the environmental consent process required to drill a near inshore well that was drilled from 'land' into the offshore basin during 1995. In 1996, Mr Huston formed his own E&P Company to focus on re-entry of onshore wells, primarily targeting shallow pay that had been passed or ignored from previous operations. Recent focus (12 years) has been to utilise new technology for enhanced resource recovery and has been involved in various fields, including US, Mexico, Oman, Italy and Turkmenistan. During the last 3 years Mr Huston has been a director of listed company BPH Energy Limited from June 2017 to present and is a non-executive Director of Advent Energy Ltd.

Mr Geoffrey (Geoff) Neil Murray Non-Executive Director Oct 2020 Director Bio icon

Mr Geoffrey (Geoff) Neil Murray

Non-Executive Director

Mr Murray trained in mechanical and plastics engineering and technology management and is a product development specialist. He also has experience in drilling technology and oil, gas and geothermal well optimization. He has been the founder or co-founder of eight tech start-ups. Mr Murray was the Engineering Manager of Fitzroy Engineering Ltd, Technical Manager of Austoil Group, Global Productline Manager (extended reach technologies) at Weatherford International and Business Development Manager (NZ and PNG) for Weatherford International. Mr Murray was engaged in assessing oil and gas properties and making recommendations as the investment Vice President of Stealth Oil & Gas, Houston a wholly owned subsidiary of Weatherford International. He is currently the Managing Director of Avant-Garde Developments Ltd. Noting that Mr Murray is not a director of Advent Energy Ltd.

Mr Andrew Thomas Jones Non-Executive Director Sep 2020 Director Bio icon

Mr Andrew Thomas Jones

Non-Executive Director

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Mr Douglas (Doug) Verley Non-Executive Director Feb 2020 Director Bio icon

Mr Douglas (Doug) Verley

Non-Executive Director

Mr Verley has over 35 years experience in the banking, investment management, life insurance, mutual fund, accounting, property, mining services, construction, fabrication, engineering, printing, training and fire prevention industries, as well as 25 years experience in strategy development, planning and implementation. Mr Verley was the Managing Director of the Retail Investments Division of Standard Bank, Africa's largest retail bank. Following this appointment, he established his own investment funds management company in alliance with one of the world's largest investment management groups, forming numerous strategic alliances with leading South African financial institutions. Mr Verley also established a special-purpose property development company to capitalise and develop a 330-home property development, with an estimated end-to-end value of about AU$200 million. Mr Verley has acted as the compliance officer to an ASX 200 investment company, been the Executive Chairperson of a prominent mid-tier accounting, tax and financial planning business, has sat, and still sits, as director, advisor and business coach (mentor) to various SMEs and Not-for-profit organisations, and with his current business partner, he has most recently established Here Business & Wealth.

Mr Robert Marusco Company Secretary Sep 2019 Director Bio icon

Mr Robert Marusco

Company Secretary

Mr Marusco has over 30 years of experience specialising in financial reporting, taxation law, corporate law and financial strategy. Furthermore, Mr Marusco has experience and competence in equity capital markets, debt advisory and importantly operational knowledge in relation to capital raising support and facilitation, corporate management including secretarial, governance and compliance dealing with the ASX, ASIC and other authorities for both ASX listed public and private corporations. Mr Marusco has previously fulfilled board roles for a number of ASX listed public and private companies as non-executive director and company secretary along with compliance committee positions.

Director Transactions

MMR directors must report any change in shareholding to the ASX within 5 business days.

See Director Transactions for all ASX companies.

Date Director Type Amount Price Value Notes
27/11/19 Andrew Bald Issued 8,800,000 $0.005 $44,000 Director remuneration
27/11/19 Michael Sandy Issued 8,800,000 $0.005 $44,000 Director remuneration
27/11/19 Matthew Battrick Issued 8,800,000 $0.005 $44,000 Director remuneration
14/05/19 Andrew Bald Issued 2,709,048 $0.005 $13,545 Rights issue

Director Interests

The current holdings of MMR directors.

Director Last Notice Direct Shares Indirect Shares Options Convertibles
Robert Marusco 23/09/2020 N/A 35,792,200 N/A N/A
Andrew Jones 23/09/2020 N/A 12,000,000 N/A N/A
Douglas (Doug) Verley 30/06/2020 2,000,000 20,792,200 N/A N/A
David Breeze 25/11/2016 6,722,081 8,875,907 0 N/A
Geoffrey (Geoff) Murray N/A N/A N/A N/A N/A
Anthony (Tony) Huston N/A N/A N/A N/A N/A

Shareholder Info

Top 20 Shareholders About the Data

Data supplied by Morningstar and accurate on Sep 25, 2020.

It's not possible to publish a real-time Top 20 Shareholder list. Companies are not obliged to report this data (with the exception of Substantial Shareholders above 5%). If a company chooses to publish the data, it's usually once a year in their Annual Report.

All data is manually compiled so there might be a delay between the Annual Report being published and the data appearing on Market Index (<7 days for ASX 300 and up to 30 days for micro-caps).

Name Shares Capital
Ms Louise Ann Jones 22,000,000 3.21%
HSBC Custody Nominees (Australia) Limited 21,412,070 3.13%
Here Capital Pty Ltd 20,792,200 3.04%
Childress Super Pty Ltd <Dsc Super Fund A/C> 18,500,000 2.70%
Eastwood Financial & Investment Services P/L G & E Super Fund A/C 16,400,742 2.40%
Marusco Investments Pty Ltd <Marusco S/F A/C> 15,000,000 2.19%
Mr Adam Lee Conigliaro 15,000,000 2.19%
Hera Investments Pty Ltd 14,218,096 2.08%
Taplan Pty Ltd <Bartle Family A/C> 14,133,371 2.06%
Citicorp Nominees Pty Limited 13,038,048 1.90%
Mr Robert Anthony Healy 11,868,108 1.73%
Bujo Pty Ltd 10,000,000 1.46%
Griffiths Sf Pty Ltd <Griffiths Super Fund A/C> 10,000,000 1.46%
Mr Ross Coventry Barter 9,353,328 1.37%
Protax Nominees Pty Ltd <Richards Super Fund A/C> 9,000,000 1.31%
Mr Edward Yi 8,840,015 1.29%
Mr Matthew Battrick & Mrs Jayne Battrick <The Battrick Family A/C> 8,800,000 1.29%
Mr Michael John Sandy 8,800,000 1.29%
Ms Jessica Lanyon Brown 8,000,000 1.17%
Goodheart Pty Ltd <GBH A/C> 8,000,000 1.17%

Shareholder Distribution

As reported in the most recent Annual Report.

Holding Size 1 - 1,000 1,001 - 5,000 5,001 - 10,000 10,001 - 100,000 100,001+ Total
No. of Shareholders 462 376 376 1,002 489 2,705

Substantial Shareholders

No Substantial Shareholders for MMR in our database.

Shareholders Buying

12 month transaction history compiled from ASX announcements.

No buy transactions reported by Substantial Shareholders in the past 12 months.

Shareholders Selling

12 month transaction history compiled from ASX announcements.

No sell transactions reported by Substantial Shareholders in the past 12 months.

Historical Data

Share Price History

Date Close Change %Chg Open High Low Volume Turnover

Historical Data

Year Closing Price Last Trade
2020 $0.004 30 June
2019 $0.005 28 June
2018 $0.017 29 June
2017 $0.03 28 June
2016 $0.029 28 June
2015 $0.019 30 June
2014 $0.037 30 June
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MMR Historical Price Data (CSV)
Up to 20 years of EOD share price history
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