MLS 0.00% 1.8¢ metals australia ltd

Ann: MLS Raises A$3.5M at a 40% Premium to Accelerate Lac Rainy, page-108

  1. 4,875 Posts.
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    Coming up to Mr Fergusons two month review, what has he achieved to date?
    created a nice little tax deduction for some rich Canadian investors. Tick
    allowed a back door transaction of shares to unknown top 20 holders
    failed to declare the transfer of 83000000 shares at 2.1c which is 10% of shares on offer, so is required by asx.tick

    diluted current holders by 83 milluon shares. Tick

    created SP that is at near two year lows of 2.5c. Tick

    put a massive ceiling on shareprice with 2.1c raise, tick

    Had a two week holiday with mate Dugdale on shareholders expense account. Tick

    failed to deliver on anything to date, no drilling, no permits no plan? Tick

    he has two weeks to turn it around before review currently, its not looking great.

 
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