MON needs $4mill to "tide it over" the next 2 months while they try to raise capital???? Who would inject capital in these circumstances?? Knowing about the losses, the IRL and TTY loans, the SP propping, the questionable Harmony deal, including the possibility that Harmony will have 25% ownership which will further dilute holdings, current smaller shareholder who might dump there shares on re-open etc, etc.
I give MON a 10% chance of surviving the next couple of months. And that's been generous.
- Forums
- ASX - By Stock
- australian today 28.6.08
MON needs $4mill to "tide it over" the next 2 months while they...
-
- There are more pages in this discussion • 10 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 MON (ASX) to my watchlist
Currently unlisted public company.
The Watchlist
FHE
FRONTIER ENERGY LIMITED
Adam Kiley, CEO
Adam Kiley
CEO
SPONSORED BY The Market Online