Just so everyone knows, our Maronan shareholder group of 24 in the whatsapp group, plus the facebook page for Maronan strongly believe in fair capital raisings.
we dont believe in placements to fund aggressive drill campaigns. These are unfair and always given to brokers and institutions at a discount. We also dont believe in SPP's which benefit the many fraud accounts of every ASX company that have 1 or 2 shares only - full explanation here
https://michaelwest.com.au/why-honest-investors-are-losing-out-on-the-stock-market/
we have been emailing maronan managekent and expressed our form support for options conversion kr whatever capital raising can be done without lowering the share price.
so even though Philw does some pretty snazzy posts, we are at odds with him on this one.
bring on 40c share price!
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