MMI 4.44% 4.3¢ metro mining limited

Ann: Equity Raising, page-47

  1. 570 Posts.
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    I’ve been reading the prospectus and it’s just a rehash of past promises and hopes! I had resigned myself to selling at a large loss and certainly not participating in the cr but then in the last few pages there are a few gems!
    The two new directors are being installed- Finnes and Everett are being replaced as we speak and in a giant leap of faith the new directors are taking part or ALL of the their pay in performance rights - talk about faith in the company’s future!
    i am now seriously considering participating in the cr
    The newbies have strong ( decades) sales experience into China and that was always the company’s weakness
    i realise I will never recover my losses but this maybe a way to minimise them
 
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Last trade - 16.10pm 17/06/2024 (20 minute delay) ?
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