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2.7¢ monteray mining group ltd

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Akki

35,755 Posts.

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16/01/15

19:25

Post #: 14596831
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Originally posted by peaceAKKI ↑

It's being bought as the value seen on completion of the restructure & the value of Norwood as its own entity any buying now would simply be pricing Norwood @ $20M. The risk for buying here would be if the DD falls through & the backdoor doesn't proceed. The $0.02 price for the capital raising was for "illustrative" purposes only as stated higher prices & they will be raising at a higher price it just looks like investors see the greater value & are not banking on being able to get any large portion of the $3M regardless.

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MRY Price at posting: 3.3¢ Sentiment: None Disclosure: Not Held
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