MCL 4.69% 33.5¢ mighty craft limited

is this a massive show of confidence, page-2

  1. 390 Posts.
    Without looking back into their previous anns,jefferies2,i'm assuming,but possibly wrong,that converting to equity,would mean more shares issued.
    If that's the case,wouldn't it be better for them to be paid,when the moneys there,if it is,and if it isn't, they don;t get paid......

    Correct me if i'm barking up the wrong tree,or should i say trees....lol,that was my attempt at humour.

    If they're banking on being paid from funds earned, then that to me says something positive about their outlook.

    Who knows...

    Then again,i don't think any of them have obtained shares for a long while,inferring that ASIC would be all over them like a rash due to the closeness off projects coming off,the main being the China deal.....speaking of which,that deal seems to be of a different nature, to what it was a while back......back then it was focussing on video surveillance.

 
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