MCR 0.00% $1.39 mincor resources nl

Ann: $60m capital raise to accelerate development and exploration, page-15

ANNOUNCEMENT SPONSORED BY PLUS500
ANNOUNCEMENT SPONSORED BY PLUS500
CFD TRADING PLATFORM
CFD Service. Your Capital is at risk
CFD TRADING PLATFORM CFD Service. Your Capital is at risk
ANNOUNCEMENT SPONSORED BY PLUS500
CFD TRADING PLATFORM CFD Service. Your Capital is at risk
  1. 2,908 Posts.
    lightbulb Created with Sketch. 120
    The new MD couldn't give a stuff about loyal retail s/holders,otherwise why would they have $55mill underwritten and a measly $5mill for s/holders.
    At $1.39,it's a giveaway price.
    Doesn't the company have the confidence that the whole $60 mill would have been taken up not underwritten and by existing shareholders.
    Bring back DS.
    I have been with Mcr most of the time since listing and to me,this seems a sh**house decision.
    The whole board imo has lost some credibility.
    I expected something better.
 
watchlist Created with Sketch. Add MCR (ASX) to my watchlist

Currently unlisted public company.

arrow-down-2 Created with Sketch. arrow-down-2 Created with Sketch.