mirabela 80m capital raising , page-54

I'll confess and say that while long term this is an excellant stock, that i have turned bearish due to the lateness of funds, possible issuance of more shares and the companies attempts to boost the share price with upgrades of deposit.
I can say that i was really disappointed that MBN didnt hedge alot more NI and didnt do a capital raising when the price was sky high.
Now they are cap in hand to the Banks!
I'll hedge that MBN falls soon around $1.20 - $1.40 depending on announcement of the loans etc, if good will rise if bad then above figures.
note my change sentiment! will review upon more facts.
DYOR