badabing,
Firstly, it'll depend on whether a placement is done or else bank finance. Placement will dilute shares but keep co. out of clutches of fees somewhat but bank finance will limit dilution and better for retail shareholders.
In theory (a tad hard to apply in this market), either means should have a positive effect on sp as the mkt can be in no doubt that all hurdles to becoming an imminent producer have been overcome. The market doesn't handle uncertainty very well and gets skittish if final details are "up in the air". This is why the sp has retraced, not to mention the nickel price and worsening global economy.
Most expect a placement but, who knows, maybe there'll be a pleasant surprise.
Cheers,
jbird.
~~~ Just my opinion, always DYOR! ~~~
[url=http://avatars.jurko.net][/url]
- Forums
- ASX - By Stock
- MBN
- price predictation
price predictation, page-10
-
-
- There are more pages in this discussion • 5 more messages in this thread...
You’re viewing a single post only. To view the entire thread just sign in or Join Now (FREE)
Featured News
Add MBN (ASX) to my watchlist
Currently unlisted public company.
The Watchlist
I88
INFINI RESOURCES LIMITED
Charles Armstrong, CEO & MD
Charles Armstrong
CEO & MD
Previous Video
Next Video
SPONSORED BY The Market Online