MOX 0.00% 0.2¢ monax mining limited

I think more $$ had it at about $900k and the rights issue...

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  1. 2,689 Posts.
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    I think more $$

    had it at about $900k and the rights issue shortfall of 60m can be assumed for another $600k

    around $1.5m in cash I think (but the 60m havent been realised to the market yet..)
    please double confirm these numbers as I'm working off the top of my head


    I cannot believe the lack of reaction to yesterday's announcement.
    I'm seeng 13% green, it should be 130% at least.

    might be like the PSF one that takes a few days to digest, I remember buying up after that announcement at 1.1c and then a few days later she started her ascent to 6 cents.

    having said that, churn is good, as there is a lot of rights issue people that would be at 70% profit and happy to take some off the table, this will end eventually though...
 
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