MCA murray cod australia limited

CEO said they were only going to have one capital raising. It...

  1. 3,165 Posts.
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    CEO said they were only going to have one capital raising. It was one and done he said. Only alternative is debt finance and raising working capital by shifting assets out. Risk to shareholders is the same as the MIS grape projects in WA in the past and they liquidate and get sold off on the cheap. Not sure anyone wants to be master of the manor over a fish estate though. I no longer believe Murray Cod will fly, like they did in the past.
 
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