MIG 0.00% 4.4¢ a.c.n. 059 457 279 limited

they need raise some 50-70% of current market cap to ride...

  1. 865 Posts.
    they need raise some 50-70% of current market cap to ride through this calendar year ...

    they have some 20c options, that gives them a few millions, but thats about it ...

    ironically, the presentation they released yesterday, the quoted current price of 58c, that's half of a few weeks ago, and now a week later, it is half of 58c ... and still no stop

    I think ASX going to ask them to respond to solvency questions now.
 
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