MBN 0.00% 8.3¢ mirabela nickel limited

looks like my other post did not post arrghh,anyhow thanks for...

  1. 268 Posts.
    looks like my other post did not post arrghh,

    anyhow thanks for the insight guys,

    while i was a holder when the share price was much higher around the $6 mark i sold out before it all went pear shaped.

    i was tossing and turning about buying back in at 70c but i've picked them up at around 1.40,

    while it seems the most likely capital raising is through a placement why oh why didn't they know they need more funds and do this at 6 or 7 $ but moving forward we can only deal with what we have in front of us.

    the question is what is better for us average holders in this instance...

    1. a share placement increasing dilution
    2. a private fianacing via other sources


    so moving forward whats everyone's preference ?

    in any event i still think mbn at these levels is a strong long term buy.
 
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