No announcements for 6 weeks, then 4 announcements in 4 days, which was reiterated in the Qtrly.
Sounded to me like they were trying to boost the sp for a needed cap raising. But the sp didn't change and no announcement of a cap raising. Using the notes would be their last choice, even at the current sp they should be able to raise money at a better conversion rate than the notes. I'd guess they are waiting for something more concrete with the flows or JVs & will do a raising after that.
In any case it will have to be soon.
- Forums
- ASX - By Stock
- MAE
- qtry out, and not aftermarket this time
qtry out, and not aftermarket this time, page-8
-
- There are more pages in this discussion • 3 more messages in this thread...
You’re viewing a single post only. To view the entire thread just sign in or Join Now (FREE)
Featured News
Add MAE (ASX) to my watchlist
Currently unlisted public company.
The Watchlist
LPM
LITHIUM PLUS MINERALS LTD.
Simon Kidston, Non--Executive Director
Simon Kidston
Non--Executive Director
SPONSORED BY The Market Online