Ann: Magnis Raises A$4m in Placement, page-38

So true HH, everyone's a winner apparently; despite which the various sps are not all rising. In fact all too often good news heralds sp falls as people take a bizarre slant on things, e.g. an oil find needs money to develop, so an oil find is not really good (WTF!!!).

With MNS, I maintain the view that a $4m raising was not a particularly gd move, as it's too little to make a sig diff, and means a select few get the advantage over us LT SHers, both in terms of leaving us a little diluted and in meaning we have not been rewarded for our LT spt.

The +ves are that the spt around 40c becomes a little stronger, and there is an ongoing opp to keep accumulating for what I believe will be an outstanding result in due course.

Pt