MUN 0.00% 4.8¢ mundo minerals limited

re: Ann: Change in substantial holding - Angl... Received my Co...

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  1. 4,689 Posts.
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    re: Ann: Change in substantial holding - Angl... Received my Co documents the other day and had to laugh at the execise price of the Options. I was also quite amazed at the dilution level of some 59%. The number of shares on issue after this goes through now is getting way above and beyond my reasonable level of when I first invested with this Co. The way they are going..... will they become another Co with Billions of shares issued.

    Williamsg...IMO....even if the gold price went to say $2,500 I think the Co would still have difficulties making ends meet if current production is anything to go by.

    I like you think that AGP can't bail out because of the loss they will suffer and that's why they are unwilling to put their hands into their pockets again to bail out this poor performing Co.
 
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