MHC 0.00% 0.2¢ manhattan corporation limited

Ann: Trading Halt, page-37

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  1. 18,026 Posts.
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    ''He also said that the current drilling is fully funded and the next step (the cap raise) WOULD BE RESULTS DRIVEN.''

    Correct me if I'm wrong but we haven't had any results yet.....so on what basis would people be taking part in a cap raise which is results driven if the market hasn't been informed of any results?

    The only scenario i could think of is if he has results, put the stock in a TH, and will release the results together with details of the cap raise?
 
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