re: upbeat dilution
WEll RIP MSC , its been a long journey and has been fun to follow . the sheeple had kept this going way longer than it had a right to survive . just goes to show there is a lot of gullible people out there with no idea about company fundementals . anyway the final score for shares is absolutely mindboggling after you take the 50/1 consolidation into account , id love to know if there is an asx company that has issued more shares ... maybe ERG would challenge
final score 165 mill x 50 gives 8.25 billion shares ... unbeleivable
8 Number and +class of all +securities quoted on ASX (including the securities in clause 2 if applicable) 165,718,586 19,361,930 14,745,524 Fully paid ordinary shares Preference shares 20 cents Series 2 Debentures 30 Sep 2011 Number +Class 9 Number and +class of all +securities not quoted on ASX (including the securities in clause 2 if applicable) 366,666 30 September 2010 options with exercise price of $1.50 each
MSC Price at posting:
2.0¢ Sentiment: None Disclosure: Held
