MDI 16.7% 1.4¢ middle island resources limited

News: MDI Middle Island Resources Seeks To Raise A Minimum Of A$1 Million And Up To A$1.1 Million, page-2

  1. 394 Posts.
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    Market loved that... not!! When you raise at such a deep discount to market you are telling investors what you think the company is worth.

    And guess what? The market is now punching the sp toward that very price - possibly lower? You'd have to be very brave to buy into this one.

    Just remember - coming into wet season at Tennant Creek, so won't be a lot of news for the next 6 months.

    Buyer beware - DYOR.
 
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