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read today's ann closely. it is a drawdown on loan facility.so...

  1. RDL
    3,353 Posts.
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    21/01/11
    19:32
    Post #: 7774963
    read today's ann closely. it is a drawdown on loan facility.

    so mda strike a deal to issue new shares at xxx in return for capital, on an as needs basis. I believe the other 3b's have been conversion of notes and something else i can't recall, maybe raising within 15% of issued capital so no requirement for EGM.

    don't be lazy, DYOR or DSR (do some research!!)
    MDA Price at posting: 10.5¢ Sentiment: Buy Disclosure: Held
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    lightbulb Created with Sketch.  Great analysis
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