MEL 0.00% 0.5¢ metgasco ltd

Ann: Notice of Annual General Meeting/Proxy Form , page-11

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  1. 1,118 Posts.
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    re: Ann: Notice of Annual General Meeting/Pro... imagine how many people would complain if they did their raising in november of last year and you had put in your $15K at $0.55+ before it proceeded to tank to sub $0.20.

    sure that would be great for the company, but what about you as in investor?

    all the complaining on here isn't going to help. if you have a problem, then email the company. i have done that myself with many companies over the years.

    easy to say in hindsight that the company would have been re-rated with the run up in the market we've had lately, but look at ourselves as traders. do we always predict the market perfectly and make the correct decisions? the market could just as easily have come down, and people here would be complaining that the company stuffed it up when two-thirds of the raising is to retail and nobody was taking it up because the market was falling.

    just be grateful the we as retail investors are getting a look in. the company is certainly under no obligation to offer us anything. the raising is sitting at a 10% profit at present, so i don't think you can complain too much.

 
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