MOL 0.00% 6.9¢ moly mines limited

I don't get the negativity about this announcement - it's a...

  1. Dbm
    166 Posts.
    I don't get the negativity about this announcement - it's a cracker! Sure there's some dilution and maybe a little confusion about the SPP but i don't understand why small shareholders should deserve an automatic $15k worth of shares - why shouldn't it be on a pro rata basis? - my nuts have hung on the line pretty hard these past 3 years so if i own plenty, i deserve plenty. The 500 share bleeding hearts like nana can chase the price tomorrow morning.

    What this announcement details is the one thing that has been uncertain about this company since inception - THE MINE IS GOING TO GO AHEAD - This is a massive announcement! Dilution, the bond rate and penny holders - who cares? I just want these guys to mine Moly and FIRB permitting this is going to happen.
    Where's the champagne....?
 
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Currently unlisted public company.

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