All shareholders have the opportunity to vote. If we have a clear pathway to being fully financed and we don’t need those free options being exercised to raise additional funds, then I will be voting no on the options, and I would imagine anyone else who wasn’t issued options will do the same.
If the options get voted down, and this cap raise is only 6m (which is being suggested), then the dilution will be minimal (roughly 86m shares).
I see the best case scenario from here being a 6-7m raise, options voted down, obtain full financing, and production next year. If all that happens I’ll still be very happy.
- Forums
- ASX - By Stock
- MNB
- Ann: Minbos Investor Presentation - Angola Rising
Ann: Minbos Investor Presentation - Angola Rising, page-512
-
- There are more pages in this discussion • 94 more messages in this thread...
You’re viewing a single post only. To view the entire thread just sign in or Join Now (FREE)
Featured News
Add MNB (ASX) to my watchlist
(20min delay)
|
|||||
Last
5.5¢ |
Change
-0.001(1.79%) |
Mkt cap ! $47.58M |
Open | High | Low | Value | Volume |
5.7¢ | 5.7¢ | 5.5¢ | $2.62K | 47.5K |
Buyers (Bids)
No. | Vol. | Price($) |
---|---|---|
1 | 11002 | 5.5¢ |
Sellers (Offers)
Price($) | Vol. | No. |
---|---|---|
5.6¢ | 8574 | 1 |
View Market Depth
No. | Vol. | Price($) |
---|---|---|
1 | 11002 | 0.055 |
3 | 563007 | 0.054 |
4 | 242655 | 0.053 |
2 | 65000 | 0.052 |
1 | 80000 | 0.050 |
Price($) | Vol. | No. |
---|---|---|
0.056 | 8574 | 1 |
0.057 | 12188 | 2 |
0.058 | 129486 | 1 |
0.059 | 47420 | 1 |
0.060 | 160932 | 4 |
Last trade - 11.03am 02/07/2024 (20 minute delay) ? |
Featured News
MNB (ASX) Chart |
The Watchlist
I88
INFINI RESOURCES LIMITED
Charles Armstrong, CEO
Charles Armstrong
CEO
SPONSORED BY The Market Online