Actually if you look at the company history I think its special skill is in diluting them. I'm sure MSB management love their relationship with Bell Potter and their "sophisticated investors".
Over the journey I can't think of a single stock where the playing field with retail has been more lopsided. Over time I expect quite a few shorters (that some on here love to demonise) have "got out of jail" with these raisings. It never seems to occur to some in the MSB cheer squad that some shorts and sophisticated investors (or at least stock lenders) may be one in the same.
MSB has been my most profitable holding this year thanks to that parcel I picked up near the lows but I won't be joining the management cheer squad any time soon.
MSB Price at posting:
$3.44 Sentiment: Hold Disclosure: Held
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