MOY 0.00% 5.1¢ millennium minerals limited

"Millennium Minerals Limited (“Millennium” or the “Company”) is...

  1. asf
    9,887 Posts.
    "Millennium Minerals Limited (“Millennium” or the “Company”) is pleased to report an unaudited after tax profit of $34.2 million for the 6 month period ended 30 June 2013.
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    That's really good, but why do MOY need to raise $6m with a $34.2m after-tax profit? It looks to me like the major shareholder really has control over MOY.
 
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Currently unlisted public company.

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