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70.0¢ mallee resources limited

Last one I got shafted big time on was A40 lithium miner in...

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WhatsUpGold

1,238 Posts.

113

21/06/23

16:18

Post #: 68403064
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Originally posted by BPAA: ↑

I've got a list of directors in my black book, one of the 1st things I look at with any new company is who the directors are and what is the history.

The main reason I do this is the ones that will accept a capital raise from big institutional investors after a company has derisked leaving the early investors at a disadvantage.

Most of this happens in full visibility but in the case of myl it's been happening behind closed doors as well as all the other agreements on price etc

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Last one I got shafted big time on was A40 lithium miner in production at the time. Ran out of cash and were stuffed by their largest shareholder. Same is happening here.

MYL Price at posting: 70.0¢ Sentiment: Sell Disclosure: Held
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