MEL 0.00% 0.4¢ metgasco ltd

how can they raise funds with price < 26cents, page-4

  1. 934 Posts.
    re: how can they raise funds with price < 2... dido....I never thought of it that way.... How courtious of mgmt to whipe 20% value off my holding with the opportunity of doing it again later on.... Just joking dido......one thing comes to mind though, If they were'nt too concerned about the extra capital (not really extra as there wasn't much left in the kitty anyhow) why didn't do the cap raising when the sp was around 35c & why give such a big discount?
 
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