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10.5% 4.2¢ mindax limited

Ann: Mindax Share Purchase Plan and Bonus Issue , page-2

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  1. kevro
    1,066 Posts.
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    15/12/09
    10:52
    Post #: 6044706
    re: Ann: Mindax Share Purchase Plan and Bonus... Whats everyones thoughts on this.

    Had a very quick read and seems reasonable. Very small discount to current price and with a 1 for 2 free oppie scheme after. Might give the SP a bit of a push for free oppies.

    Also they seem confident that the SP will be 50% higher with a 75c conversion price. May turn out to be cheap.

    Kevro
    MDX Price at posting: 52.0¢ Sentiment: Hold Disclosure: Held
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    lightbulb Created with Sketch.  Great analysis
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