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Was there a spin off from MTS ?I could see a CR to pay off debts solely @$2.80 against current MP @$2.4.I often wonder what sort of calculation does the insto undertake to commit $300 M to pay some company's debts. Ironically people like us also buy shares of those instos. That is a pretty disgusting story because the few of the key lead brokers/ fund managers harness a hefty commission following the CR.Reading through the investor report, I could not find any attractive lines which could have motivated the investors to invest ?? Smooth talking marketing ??nhttps://www.asx.com.au/asxpdf/20200420/pdf/44h2hfnb99lv63.pdf
Was there a spin off from MTS ?
I could see a CR to pay off debts solely @$2.80 against current MP @$2.4.
I often wonder what sort of calculation does the insto undertake to commit $300 M to pay some company's debts. Ironically people like us also buy shares of those instos. That is a pretty disgusting story because the few of the key lead brokers/ fund managers harness a hefty commission following the CR.
Reading through the investor report, I could not find any attractive lines which could have motivated the investors to invest ?? Smooth talking marketing ??
nhttps://www.asx.com.au/asxpdf/20200420/pdf/44h2hfnb99lv63.pdf
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