Yes I agree. That is a monumental F%$k up! I daresay many people will be heading for the exits as there is every probability that the CR will be discounted to the average price which at this stage is hovering around 17c. More shares will have to be issued to obtain the same amount of capital = more dilution. On a positive note, might be able to pick up some more circa 12c.
Cheers,
I hold MGO
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