Midas Resources Limited (ASX: MDS) (Midas or the Company) is pleased to confirm that it has instructed its registry to allot and issue 1,534,193,024 ordinary shares being the shortfall shares in the Company’s Renounceable Entitlement Issue (Rights Issue).
so, 1,534,193,024 is the shortfall over 1.5 BILLION shares and these were issued at .001.If anyone want 1.5 BILLION shares at .001 just call the company i would imagine This is a massive shortfall, one of the biggest i have seen. This is the worst period for penny dreadful stocks in hostory IMO, MDS just another casualty.
MDS Price at posting:
10.0¢ Sentiment: None Disclosure: Not Held