ROL 0.00% 48.5¢ robust resources limited

you now have shares in hyped uk vehicle mentum

  1. 91 Posts.
    RNS news out in UK this morning...

    http://www.investegate.co.uk/mentum-inc---men-/rns/acquisition/201402240700156929A/

    Looks like Mentum are issuing shares to you guys at 0.575p

    Despite having issued loads of the stock to themselves at 0.13p ! So they are making about 500% profit in a few months at expense of ?

    http://www.investegate.co.uk/mentum-inc---men-/rns/issue-of-equity/201306241241127070H/

    Mentum (AIM:MEN), the AIM listed investing company, announces that following the restoration of trading, the Conditions of the Loan Notes have now been satisfied. The whole of the £300,000 principal amount of the Convertible Loan Notes has now been automatically converted into new Ordinary Shares at a conversion price of £0.0013 per Ordinary Share, resulting in the issue of 230,769,231 new Ordinary Shares to the Subscribers, representing approximately 39.785 per cent. of the enlarged issued share capital of the Company.

    Par for the course from the AIM cesspit unfortunately.
 
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