MRC mineral commodities ltd

The "capital raising" Gina Edwards of Tormin Holdings sold...

  1. 262 Posts.
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    The "capital raising"

    Gina Edwards of Tormin Holdings sold shares at a high price making a huge profit weeks before the capital raising and then bought back in at the much lower price.
    Given that Au Mining, her ie ex or current husband, took the placement component and would have therefore been subject to privileged information beforehand, one would assume a concern that would warrant questions being asked by a board to confirm no nefarious dalliance, assuming the board was free to act in its true custodial role with out let or hinderance, inclusive of dire financial straits and overt outside influences

    Apart from the issue of 10.11.3 being thenceforth likely breached and 10.2 not being a valid exemption

    Capital raising indeed.
    More like eyebrow raising.

 
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