MHL 0.00% 0.3¢ monitor energy limited

So mhl plan to raise up to 90 milllion dollars at 0.005 cents a...

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  1. 7,067 Posts.
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    So mhl plan to raise up to 90 milllion dollars at 0.005 cents a share.
    Thats 18 billion shares
    I cant see the sp going past 0.005 cents with that many shares on issue.
    A 1 for 20 shares on issue consolidation will have to happen to help the sp grow imo.
    Mhl may be a good buy after a consolidation,or pay 0.003 to 0.004 cents now and hold for months with no posible trading profit returns for many months imo.
 
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