Was just talking to a friend of mine and he said fill your boots, If the interims were bad news then they would have kept the placing back and whoever has bought knows the results or they would have got far les than .3, Nice 2million buy.
ML is obviously trying to speed things up and has elected to place before being able to have full access to the $25m facility, so its not all bad news, although its safe to say I was shocked by this mornings RNS
Was just talking to a friend of mine and he said Matt mentioned somewhere they didnt have full access to the credit facility just yet? Was this on twitter or in one of his interviews? That will explain the placing.
Not at all surprised with the latest placing. It shows that anything Matt says means sod all. The reason the SP is so low is because of a serious lack of trust in the bloke. Look at his track record. Bale creek? YA global? Huge pay rise? CT? There are too many false hopes all the time with Matt and he's screwed long term holders for way too long now. He's still living on the "I'm a hero because I saved the company 6 years ago"! I could have saved the company too if he had continuously diluted the shares!
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