MRM 0.00% 33.0¢ mma offshore limited

Ann: Becoming a substantial holder-MRM.AX, page-21

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  1. 896 Posts.
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    Not so sure CR, I would imagine the CR will be highly dilutative to current shareholders.

    A question re CR was raised at last years AGM, which you can download online. The body language when the question was answered was pretty defensive (the mgt and chair didnt want to do a CR). None the less may have no choice, banks have input into this now.

    V_H I think would have some back of envelope calcs on CR scenarios which may be able to be shared.
 
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