Whats your feel on the capital raising Fiendish...I dont think it will be a rights issue, even though that would be nice. I think they need to place it to one investor...historically if you look at what thes guys have done with IBG...they got some away at a premium to market. If they are issuing say 20% of stock, they wouldnt want to be giving away too cheaply. It will be back at $1.50 in no time IMO.
MBM Price at posting:
32.8¢ Sentiment: Hold Disclosure: Held
