MZI 0.00% 1.6¢ mzi resources ltd

rocket973 you are not reading the information memorandum in its...

  1. 41 Posts.
    rocket973 you are not reading the information memorandum in its entirety. The only way RCF could get that much shares is in an absolute worst case scenario, if the company never pays anything not $1 to RCF in interest, or principal and everything else goes to the lowest case pricing.
    There is plenty of upside for RCF to have less shareholdings.
    For shareholder approvals the expert must show what is the "Maximum" that RCF could obtain in the worst circumstance.
    If this happens the company would at least have retained all the cash (which I would expect to come back in part as dividends).
    RCF aren't stupid, they are not there to end up owning 80+% of a company with no chance of getting their money back.
    But I suppose that logic doesn't help those investors who are deliberately buying at .006 c and selling at .007c to make a quick buck. hmm...
 
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