MNC 7.76% 53.5¢ merino & co. limited

Ann: Metminco to merge with Andes Resources, page-62

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  1. 1,318 Posts.
    lightbulb Created with Sketch. 30
    GB,

    You're kidding yourself if you think 6 billion shares+ with a 1:30 consolidation to follow immediately is better than your standard cookie cutter 1.5billion raise.

    I certainly would much rather a 3 odd billion register with $4.5mill in the coffers any day of the week - it would've given them a chance at Chuscal and partly pay debt without totally disregarding existing shareholders - you know, the ones they're supposed to be creating value for.

    It's def a dog in my books now.

    You linking my previous posts means nothing!

    I had those views at that point in time.
 
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