I'm happy that we've got funding but seriously 1c is not doing the right thing by shareholders at all. More dilution, equity funding again, how about a bit of debt funding and taking a bit of risk. As a longer term and large holder I'm not happy with the deal. Yes I understand that it's difficult getting finance at the moment but a better deal could have been done.
Time for an EGM?? Will think over the weekend !
I've been a supporter for a long time but now time to take more control of my investment.
MNM Price at posting:
1.8¢ Sentiment: Hold Disclosure: Held