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$1.07 maca limited

Ann: Proposed issue of Securities - MLD, page-4

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jamie21s

339 Posts.

40

15/12/20

11:12

Post #: 49584350
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Originally posted by fourdollars: ↑

So total dilution 27% but existing, long-suffering retail shareholders get to subscribe for 12.5% of their holding. MACA just like every other cowboy west-australian outfit - can't do a deal of any sort without transferring wealth from retail holders to their "institutional" and "broker" buddies.

They should be ashamed, but these guys are all immune.

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Isn't just "cowboy west-Australian outfits" that do this.... is common across almost all industries, don't worry about geographies.

MLD Price at posting: $1.16 Sentiment: Hold Disclosure: Held
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0 Great analysis

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