MRF 3.17% 6.1¢ mrl corporation ltd

Ann: Raises $4m to fund start of high-grade graphite production, page-11

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  1. 3,738 Posts.
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    Makes perfect sense to me, move in increments - let the market see the results of the cash injection and the SP will move up, then another raising at a higher level, with such a big dilution at 5.5 its a pisser really as its mass-dilution and at a lower level.. i get mad jealous how these heavy hitters get huge chunks of shares at discount.. not only does it not rocket the SP, it has a dampening effect.. GRR.. so much of this lately.. seems like junior miners are feeling the pinch and diluting to get $$$ for ongoing costs.. start producing already so the SP can go up!
 
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Currently unlisted public company.

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