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4.44% 4.3¢ mindax limited

No matter how they increase capital, all I worry now is how many...

  1. asdfghjkl32
    127 Posts.
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    08/04/11
    11:42
    Post #: 8235320
    No matter how they increase capital, all I worry now is how many new shares they will issue, and how much is it per share, this would directly affect the performance of the share price after trading halt. If the price is below $0.5/share, some existing investors may want to decrease their holding.

    Same thought with ThePiedPiper, I don't know why they choose to capital raise before drilling result is announced, unless they're very confident to the result.
    MDX Price at posting: 35.9¢ Sentiment: Hold Disclosure: Held
    Likes Created with Sketch. 1  Upvote
    lightbulb Created with Sketch.  Great analysis
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