MBK 0.00% 2.3¢ metal bank limited

News: MBK Metal Bank Announces Placement And Entitlement Offer To Raise Up To A$2.65M, page-3

  1. 403 Posts.
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    The CR is better than expected. Three things:

    • Back by sophisticated and institutional investors
    • MBK’s directors intend to participate in the Entitlement Offer.
    • The share price seems to hold up slightly above the CR price which means investors generally like the deal


 
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