the new shares will be issued at 5 cent post 45:1 consolidation
5 cents divided by 45 = 0.0011 cents, the same price is the current MOO rights issue
Monto will also undertake a post-consolidation capital raising of a minimum of AUD$3,000,000 and up to a maximum of AUD$8,000,000, at AUD$0.05 per share, to be completed under a prospectus.
so MOO will soon issue a maximum of 160 million shares at 5 cents, using Foster Stockbroking as the lead manager, which is the equivalent of 7,200,000,000 current shares at 0.0011 cent
oh dear
@stockartist and @Freehold, either via gross confusion or by deliberate design, are encouraging people to buy this share at 0.007 cents when 7.2 billion shares may soon be issued at 0.0011 cent
@Freehold has admitted on this thread he expects the share price to return to 5 cents (0.0011 cents) yet he has a 'buy' sentiment at 600% higher than the share price he expects to occur
