You could hardly call this an update. More of an update that they plan on giving us an update.
"MKL will update investors on these specifics as soon as possible, noting it is intended that all shareholders will have the opportunity to vote on the merits of the plan via an Extraordinary General Meeting in addition to being able to participate in a future capital raising process."
At least the average investor will be able to participate in a future capital raise! Oh wait, what about the secret raise that they tried to action just a few weeks ago, despite investors voting against any further raise a month and a half ago! Source: https://arc.net/l/quote/tctzulrh.
Really gives one confidence in the current board. I feel that if they had any ounce or inkling of a plan, they would release it.
You could hardly call this an update. More of an update that...
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