MLM
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6.25% 1.5¢ metallica minerals limited

What are we waiting for?, page-3

  1. KosmoS
    625 Posts.
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    14/04/16
    12:52
    Post #: 17502318
    I cannot understand why Management decided on a rights issue at 3 cents and free options, when MLM were trading in the 8 to 10 cent range. That capital raising absolutely cratered the share price. It wasn't as if they were desperate for funds. Can anyone provide an insight to Management's thinking?
    MLM Price at posting: 2.8¢ Sentiment: Hold Disclosure: Held
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    lightbulb Created with Sketch.  Great analysis
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1.5¢ 		Change
-0.001(6.25%) 		Mkt cap ! $14.39M
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