No sign off life 100:1 recon leaves nothing for current shareholders! Not even a proposed rights issue to average down!
Only person that wins is current corporate guys Minerva! They keep their admin fees and hand the vehicle back to their buddy Ascent Captial who was there for the last recap. Look at top 20 shareholder back in 2010! Same group.
West Perth mafia at its finest. Look after the boys whilst whilst retail punters are slaughtered
HWK Price at posting:
0.7¢ Sentiment: None Disclosure: Held