MZN 0.00% 8.0¢ marindi metals limited

Not so... "Marindi has also negotiated an anti-dilution right....

  1. 21 Posts.
    lightbulb Created with Sketch. 8
    Not so...
    "Marindi has also negotiated an anti-dilution right.
    “It means that we stay at 9.9 per cent and if Pacton issues any more shares as part of a capital raising they have to top us at no cost,” newly installed managing director Simon Lawson told *.
    “It puts us well over $10 million. For a struggling asset I am actually really stoked.”
 
watchlist Created with Sketch. Add MZN (ASX) to my watchlist

Currently unlisted public company.

arrow-down-2 Created with Sketch. arrow-down-2 Created with Sketch.