MSC 0.00% 6.4¢ minerals corporation limited

Ann: Rights Issue - Underwriting and Extension of, page-5

  1. 2,196 Posts.
    lightbulb Created with Sketch. 50
    re: Ann: Rights Issue - Underwriting and Exte... Sure, the company will get the money but the underwriter will take whatever small profit they can get for the shares after that. I don't think they would be the 'Invest for the future' type.

    What we really need is good news so that the .4c becomes attractive to investors, but the .5c sell seems fairly daunting.
 
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