MAY 0.00% 3.2¢ melbana energy limited

Ann: Trading Halt, page-46

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  1. 17,997 Posts.
    lightbulb Created with Sketch. 1660
    ''The CR could have been with the existing shareholders. The Company would have got the money going that route also !!!''

    Yes....and we would have sat for the next 6 weeks while the cap raise hung over the share price and every retail holder would be dumping his stock in anticipation of replacing it with cheaper stock

    Screw that...a Placement is is a far better option
 
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