MEL 0.00% 0.5¢ metgasco ltd

Ann: $5m debt facility secured to deliver Odin gas to market, page-14

  1. 1,854 Posts.
    lightbulb Created with Sketch. 276
    Agree...just secures management at the cost to shareholders.
    10% Cnote or Pref would have been good...treated all equally.
    Costly and unnecessary the only plus is we have removed the need for money overhang...
    The market just yawned...like my school report card used to say..."could do better."
 
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