Yes I agree.
Are they missing an opportunity?
I just posted the following on AGO thread.
"Yes! I amazed a TO hasn't been atempted as yet!
Eg MGX on current sp's could attempt a pure script TO, something like 1 mgx share to 10 ago shares or 1to 8 or 1to 5, preserve their cash.
Payout all current debt of both companies and be in terrific shape to build a railway to corrana downs project?
Money making machine."
MoneyGeneratingXfactor!
Ann: Iron Hill Environmental Approval, page-17
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