MMA 3.51% 27.5¢ maronan metals limited

Ann: Quarterly Activities Report, page-5

  1. 206 Posts.
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    Ok Quarterly is out and just to get in early because I know there will be people coming on here and saying "look theres only $1.5million cash, theres a capital raising coming soon"

    maronan is beyond two options strike prices, 25c and 30c so at a minimum funding is coming from directors exercising at 25c

    they should have said "maronan will soon be funded by options exercise" instead of this vague statement

    https://hotcopper.com.au/data/attachments/6131/6131491-43bc51c7edf2cc9eae25b825589a5ede.jpg
 
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