HCY halcyon group ltd

Is this possible. Got all this money from MRE solves present...

  1. 2,933 Posts.

    Is this possible. Got all this money from MRE solves present money problems. Now what advantage is there in diluting present shareholders holdings for the sake of a lousy $2 million. If I was involved I would let options lapse. DO NOT rush anything contrarty to 'Poseidons' opinion. If they find anything they can issue another 10% in shares. This is a smaller percentage than the 60 million options. They could issue 35 Million shares at 6
    cents.Raise approx same amount of money and therefore dilute their shares by less. I cannot see any advantage in announcing anything until options lapse. Just remember directors look after themselves FIRST...SECOND............. INFINITY .
 
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