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2.04% 5.0¢ minbos resources limited

Ann: Suspension from Quotation, page-148

  1. Merchant2000
    20,762 Posts.
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    01/03/24
    10:53
    Post #: 72690084
    @chuk

    Does an oversubscribed CR ensure and guarantee a favourable outcome to shareholders ?

    Last $25m CR at 22% discount and 2 years on !!!!!!!!

    You really are in so deep that you cant see anything other than what you want to see

    Seen countless CR's that are well oversubscribed and as time passes they have lost most of their capital

    $25m at 11c nearly all burnt


    Last edited by Merchant2000: 01/03/24
    MNB Price at posting: 9.2¢ Sentiment: None Disclosure: Not Held
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    lightbulb Created with Sketch.  Great analysis
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