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0.2¢ monto minerals ltd

Ann: Prospectus-ShareRoot transaction and capital raising, page-12

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ambledream

769 Posts.

20/11/15

09:49

Post #: 16438887
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Originally posted by Morebulllessbear ↑

Now I am starting to understand why people have been going on about the consolidation price being 0.05. That has been very wrongly misinterpreted IMHO. The reality is that if the sp is .002 when the 45:1 happens the sp will be 0.09 and then the CR happens at 0.05. So we would expect the sp to soften back towards .05 after consolidation. But only as a normal flow on. GLTA. MOOve

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this depends on who will do the CR, if there are some instutional money, then should be okay

MOO Price at posting: 0.2¢ Sentiment: None Disclosure: Not Held
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0 Great analysis

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