MNE 5.26% 3.6¢ metallum limited

Ann: Company Update, page-10

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  1. 378 Posts.
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    My initial thoughts EXACTLY. Not convinced any of this is gd for SHers... Maybe appt of receivers wld at least end it.

    Only obvious +ve on 1st perusal is those involved being paid in 'worthless' shares. Will have to read closely to understand the full process. Hate the 400:1 consolidation - always a bad sign, but then again how many shares can a koala bear...Pt
 
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Currently unlisted public company.

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