MGT 0.00% 28.5¢ magnetite mines limited.

yep I have had a couple of calls and messages left. haven't...

  1. 31 Posts.
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    yep I have had a couple of calls and messages left. haven't had the chance to respond. the way I see it, even if many chose not to participate that is opportunity for those on the inside to load up above their 1 in 6 entitlement. assume those not holding may also participate if holders chose not to take up the entitlement / offer. perhaps on a first in first served basis. I would like to think if disgruntled holders don't take up the offer as I believe many will not, that any outstanding shares will be snapped up by insiders. hence I hope that the necessary funding will be raised. such an outcome will give me confidence as it would demonstrate that management have confidence. I think with the exception of Peter, management don't hold much in the way of shares. opportunity to take on more then their entitlement would enable them to load up if the project has strong prospects of gaining funding and subsequently gearing for production. my thoughts only GLTASH DYOR
 
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