The announcement says CR; that to me indicates that cornerstone/strategic investors have passed on the opportunity else hard to see those sort of investors happy to sit on the sidelines while their potential investment gets diluted by some unknown amount for some small CR.
The only hope is that mgmt don't burn through this cash and put some of it towards progressing tanzania (although they still owe C4V money, and possibly MNS is covering the IM3NY costs given no other party seems to have actually put any money in, so $5m would be a minimum, but that will not last long).
Clearly mgmt have boxed themselves into a corner leaving it so late.
- Forums
- ASX - By Stock
- Ann: Trading Halt
The announcement says CR; that to me indicates that...
-
- There are more pages in this discussion • 15 more messages in this thread...
You’re viewing a single post only. To view the entire thread just sign in or Join Now (FREE)
Featured News
Add MNS (ASX) to my watchlist
|
|||||
Last
4.2¢ |
Change
0.000(0.00%) |
Mkt cap ! $50.37M |
Open | High | Low | Value | Volume |
0.0¢ | 0.0¢ | 0.0¢ | $0 | 0 |
Featured News
MNS (ASX) Chart |
Day chart unavailable
The Watchlist
CCO
THE CALMER CO INTERNATIONAL LIMITED
Anthony Noble, MD & CEO
Anthony Noble
MD & CEO
Previous Video
Next Video
SPONSORED BY The Market Online