MHL 0.00% 0.3¢ monitor energy limited

rrs buy 90% and mhl buy 10%, page-3

  1. 7,747 Posts.
    We kno MHL are good at pulling things off, so lets hope what you suggest can occur. I dont think we could be that lucky.

    Really, who wants 90% anyway?

    It wouldmean issuing so many shares that existing holder would end up with nothing. I much prefer a smaller percentage funded by a rights or spp, possibly supplemented by debt or placement to sophs/cornerstone investor.

    But if Fury turns into nothing, then I guess we need more of Trinidad.

 
watchlist Created with Sketch. Add MHL (ASX) to my watchlist

Currently unlisted public company.

arrow-down-2 Created with Sketch. arrow-down-2 Created with Sketch.