MDI 13.3% 1.3¢ middle island resources limited

A cap raise after the consolidation isn't such a bad thing...

  1. 343 Posts.
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    A cap raise after the consolidation isn't such a bad thing if share holders get to participate.
    ICG did a consolidation and then did a cap raise at .055 with 2 free attaching options, one at .09 cent expiring next year then one at .20 cent till 2023, they raised 9 million and the option prices are very achievable so the company will get further money,
    it's a good dilution since it's after the consolidation.
    and it's a sign the company is going places when it's fully funded.
 
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