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3.17% 6.1¢ mrl corporation ltd

Ann: Trading Halt, page-32

  1. Buzzcut
    605 Posts.
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    07/10/15
    17:32
    Post #: 16132165
    All of that is interesting but the ASX is littered with companies that have diluted existing shareholders excessively for a plethora of reasons.

    Diluting existing holders by 36% is a significant decision and lets hope there is a short rational to it.

    To put it in your parlance NASA:

    Issuing lots of shares + At a low price = Can be insanity!!!!

    OR

    36% dilution = WTF!?
    MRF Price at posting: 5.8¢ Sentiment: Hold Disclosure: Held
    Likes Created with Sketch. 2  Upvote
    lightbulb Created with Sketch.  Great analysis
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