Mahe Capital have given a vote of confidence to the value of $3m less some commissions and options. Does anyone have any background on Mahe. Their website doesn't give too much away. ASIC records them as being registered as a company in 2019 so they are relatively new kids on the block. My experience of underwriters is that they don't remain shareholders for the long term. They either have investors lined up to take their shares or they dump them back on the market to recover their investment. I only have a small holding in CDY so I thought if Mahe can throw $3m at it then I will throw a little bit more down the well and take up my entitlement in the hope that we may come good by 2022 as suggested by the company.
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