RE: RE: Feel sorry9 Jan 2018 21:27
I haven't come here to gloat, I came here to check the SP out and deiced to put a message on here.
I have lost money on this like the majority of people... When MNG took it over at 3.21p a share for $30m and then a few months later did a further $72m fundraising at 1.5p a share. I knew at this point MNG were are not interested in shareholders value. They could have easily done the fundraising at 3.21p a share...
But hey ho what do I know, maybe this could turn out to be a billion dollar company who knows?
But I invest based on fundamental analysis and for me, at this moment there are better companies out there, after MNG have taken it over there has been NO increase in shareholder value, that is why I feel sorry for existing holders.