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4.2¢ magnis energy technologies ltd

Chart for the new year, page-210

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Youngie75

3,151 Posts.

187

08/02/16

12:08

Post #: 16965884
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Originally posted by SLOGGER ↑

yeah CR a concern to me at this stage - especially with the slow but definite SP decrease. would hope that there would have to be some good news prior to any CR to boost the SP so dilution not as dramatic as there will be other raisings in future from what poster saying above.
however if the poster above is correct regarding some rumours regarding soph placement then that would also be of concern as may indicate just a short term stop gap measure - but depends on how much they are looking for and need to weigh up SH dissatisfaction with dilution.

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I don't think the market will fall for a pre CR pump at this stage. It would be fairly obvious would it not?

MNS Price at posting: 32.0¢ Sentiment: Hold Disclosure: Held
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