MXR maximus resources limited

Ann: Rights Issue results, page-2

  1. 8,259 Posts.
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    Well not a great level of support and probably not a great surprise in the circumstances both because of the economic condition with the pandemic crisis and the sorry state of the company's finances. At a quick guess it looks like the two major shareholders have not taken up their full entitlement but those details will need to be confirmed.
    So the company has enough to keep operating while it seeks more money from sophisticated investors over the next three months. Ho hum !
 
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