Well of course as a shareholder I hope you are 100% correct. I just wonder these days at the way corporates just take the cream off everything they have a hand in. For instance the recent equity raising of $30.6m incurred costs of $3.2m. North of 10% sounds like a Ned Kelly job to me. How do the corporates justify this? It is little wonder that banks, insurance companies and other financial institutions are the subject of a Royal Commission and are being looked at closely. IMO those being investigated are virtual choir boys compared to listed companies. Corporate cowboys and the big end of town rub shoulders with ASIC. Seems there are more than a few that have fattened their wallets while the small MRG investors have been copping it in the shorts. We live in hope!
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