MST metal storm limited

BRR,Just a quick note on the IB & Secured Notes:I believe that...

  1. 561 Posts.
    BRR,

    Just a quick note on the IB & Secured Notes:

    I believe that these were offered to all shareholders when originally issued as a rights issue, and that Harmony underwrote them, so they got them by default (because shareholders didn't take them up) and not because of any Board conspiracy. I know you are frustrated and annoyed, but in this case, all shareholders could have taken them up, and I was one who did. With 20/20 hindsight, I wish I'd sold my shares and taken up more of the notes.

    And you are right in your general conclusion, current shareholders are going to end up with a fraction of the company.

    My suggestion, BUY up more of the NOTES!
 
Add to My Watchlist
What is My Watchlist?
A personalised tool to help users track selected stocks. Delivering real-time notifications on price updates, announcements, and performance stats on each to help make informed investment decisions.

Currently unlisted public company.

arrow-down-2 Created with Sketch. arrow-down-2 Created with Sketch.