People, there is not going to be another placement. Read carefully the annoucement on the Heads of Agreement for the new acquisition. MCL will pay with part cash and script once due diligence is completed. Yes there will be further dilution, however, this is a positive if the acquisition adds to the bottom line, which it will.
Obviously the people involved with hitting the share price are not true believers and hopefully are off the register. They probably heard and acted on the misinformation currently doing the rounds. Good fortune to all those who hold and support this stock. It will be worth it, but give it another 6 to 9 months - I know thats a lot to ask of people in this day and age.
MCL Price at posting:
0.0¢ Sentiment: Hold Disclosure: Not Held
