It's a funny affair this. One would surely imagine we test out the base Mc post dilution. In saying that if we are heading that way this early why would anyone take up their rights. As stated, the levels of investment Mr mr has and the detailed assumptions on every outcome on this latest issue leads me to think, more soup for Mr Mr.. Note the only backers at this time is Mr Mr and his Co investment arm app. I certainly don't see a mention of other now minority staying in line. Is it jv, is it a strategic take or are we continually not going to bring to fruition any project entered as history indicates, hence massive dilution at savory prices. Food for thought here. Blind freddy(me) missed Pacific Road on the register. Omg!
Just a bit pessimistic atm.
CNX Price at posting:
1.3¢ Sentiment: None Disclosure: Held
