MFE 0.00% 1.0¢ magnetite mines limited

Ann: Share Purchase Plan For Shareholders, page-14

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  1. 5,753 Posts.
    lightbulb Created with Sketch. 42
    BAHAHAHAHAHA Minimum purchase of $2000.00! I saw that and it went straight in the bin without passing GO!
    I think they are trying to raise cash now to keep the company on life support for the next 3-5 yrs. I've been a holder for a very long time and will not be throwing more good money after bad. Average price of 47.5c...I kissed my money goodbye a looong time ago.

    I'm sure over time through enough C/R's and eventually share consolidations, I'll hold an unmarketable parcel and be made to disappear while the company will live on. It's wrong but that's how this system works.

    Goodluck
 
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