MYL 0.00% 70.0¢ mallee resources limited

Ann: Notice of General Meeting/Proxy Form, page-6

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  1. 5,811 Posts.
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    I was a bit surprised of the size of the raising and the dilution it may cause which is why I reckon the sp is being held back. I have also heard that people are jostling for money so selling to buy back in any raise. I have heard that it wont get that far and that most of the coin will come from strategic investors as per the meeting documents and wont get to the smaller end of town. If that happens then we could be in for a rapid rise as everyone jumps on post the raise. Seems to be the only impediment. All valuations done so far are done with this sort of capital structure so the money is there and value is there.
 
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