MNB 3.92% 4.9¢ minbos resources limited

Ann: US$14m Loan Facility Approved & Firm Bids for Placement, page-202

  1. 20,757 Posts.
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    cr was already oversubscribed?


    Where is the evidence that the CR was oversubscribed ???

    Show us all the source that this was over subscribed ????

    If the Cr was oversubscribed then why after 7 weeks - did they only raise $6m of which nearly $1m came from within - directors etc

    So they only managed $5m Cr at 7c with options when it was oversubscribed

    IMO - embarrassing Capital raise and aligns with why the SP is already under CR in record time

    With this raise they are basically at under 2 quarters of cash remaining and ASX questionnaire - is this correct

    DYOR


    Last edited by Merchant2000: 18/04/24
 
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