Hyundai MOU is a definite plus IMO. This is another step towards making Mount Peake project come to fruition
But hopefully the shares are not issued at any discount but at a premium because to get hold of a sizeable holding to be one of the "cornerstone" holders, one is expected to pay a premium.
It would be unfair to the present holders if there is the dilution and the new shares were issued at a cheap price. For that to happen, the holders should also be given a chance to participate in the CR at the same price
TNG Price at posting:
25.5¢ Sentiment: Hold Disclosure: Held
