MHL
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0.00% 0.3¢ monitor energy limited

judgement day, page-15

  1. nathanblack
    7,747 Posts.
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    10/01/11
    10:08
    Post #: 7708987
    No chance it is 5c without a consolidation.

    We have 4bil shares right now, without Trinidad. So you expect us to open with a market cap up from $16mil to $200mil?

    Then raise the extra capital at 5c for another $90mil?

    Market cap $290mil for 700bopd plus potential?

    Its 0.5c IMO, and still an excellent result.
    MHL Price at posting: 0.4¢ Sentiment: Hold Disclosure: Held
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    lightbulb Created with Sketch.  Great analysis
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