MCO 0.00% 11.0¢ morning star gold n.l.

capital raising

  1. 1,860 Posts.
    I'm reading the Notice of AGM to be held on 28th Nov

    Regarding Resolution #8 to issue 20 million shares at 80% of average market price

    First off this would raise about $3 million but I'm wondering if it is likely to be for existing shareholders, one new major shareholder or a combination of both.

    I'm also wondering how this will fit in with the expiry of the Dec options

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