Hi again people,
There will be an issuance (announcement) tonight or tomorrow morning of a notice of meeting.
This will provide more details regarding the fund raising.
Watching this space like a hawk.
Indicies
A successful raising of this size, accompanied with a substantially upgraded resource statement, quality investors increasing their interests, and an increasing cu price provide a very fertile environment for Marengo's growth.
I don't want to get too far ahead of myself, but I envisage in the next quarter MGO will be a candidate for inclusion into the S&P ASX 200 Index.
The expanded capital value of MGO will serve to increase the exposure of Marengo and subsequently demand for its stock. Funds are required to purchase holdings consistent with the weightings applied by indicies and governed by their own rules.
Each step we take, Marengo is more and more derisked; its potential more and more real.
- Forums
- ASX - By Stock
- MGO
- some news
some news, page-7
-
- There are more pages in this discussion • 10 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 MGO (ASX) to my watchlist
Currently unlisted public company.
The Watchlist
SBW
SHEKEL BRAINWEIGH LTD
Dani Nadri, Country Manager Australia
Dani Nadri
Country Manager Australia
SPONSORED BY The Market Online