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Rights Issue, page-9

  1. WalrusBoots
    1,651 Posts.
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    10/04/15
    16:15
    Post #: 15066511
    That is the concern...they don't raise any money with the rights issue. Then what? Im starting to think they don't have any news to report by May 1, which is needed to entice people to take up their rights.

    It begs the question....why didn't they do this when the share price was at 2 cents? Instead they went to the Bergen funding option.
    MNC Price at posting: 0.4¢ Sentiment: Hold Disclosure: Held
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    lightbulb Created with Sketch.  Great analysis
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