MGX 3.87% 80.5¢ mount gibson iron limited

rights issue announced

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    Mount Gibson Iron is to make a non-renouncable rights issue to shareholders on a one for one basis at nine cents each.

    The issue is fully underwritten.

    Looks like they have given up on the European finance, and personally I think that is a good thing.

    Comments anyone ?

    Dave R.
 
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