MHL 0.00% 0.3¢ monitor energy limited

The question would be. What do they intend to do with the money?...

  1. 1,072 Posts.
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    The question would be. What do they intend to do with the money? If it’s to prop up the circus for another 6-12 months, then that’s not good enough!. We need to see justification like some kind of announcement that is good news with some substance.
    I am concerned that the directors are either incompetent or are only picking up directors fees for another 12months. This stock does not have any future, unless we get some sort of miracle happening.
    –in my opinion
    If you are prepared to throw away 650 bucks or more then go ahead
    The underwriting is going to soak up a big chunk of the cash.

    Chass
 
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