AON 0.00% 14.0¢ apollo minerals limited

pattersons capital raise

  1. 5,080 Posts.
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    Just keep in mind AON is issuing 70 million shares at 0.8, plus an option. We are in the middle of a capital raising, and while spending $200k on ENT's assets maybe a good idea, note the way they have snuck in another $300k of stock to pay their bloated salaries. If this vehicle was truly shareholder friendly they would not be riaing that $300k of stock at these revolting share price levels. In effect they are locking in the capital loss.
 
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