MNB 2.04% 5.0¢ minbos resources limited

Ann: Minbos to Pursue Yellow Phosphorus Potential in Stage 2, page-143

  1. 6,925 Posts.
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    Thanks, appreciate the info!

    Oh, I know T20 aren't supposed to act on that information, but as you've discussed previously, many obviously do so.

    The vast majority of companies put the stock in a TH prior to reaching out to holders to confirm their participation (this is best practice as outlined in the ASX guidance note). Minbos doesn't do this and gives the T20 holders advance knowledge of the capital raises. Its left to their conscience what to do with that valuable information.
 
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