GREY:MRBAF - Post by User
Post by
brendellyon Sep 07, 2010 10:55pm
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Post# 17422731
MNB Financing
MNB FinancingThey certainly raised much more than I expected but it does cover all aspects of the concerns regarding their deficit plus expansion capital. Given recent share price activity it looks like $1.80 could be the issue price. Unfortunately this is a significant amount of dilution. Would like to see a corp update on recovery and fleet capacity as of the last few months. Frustrating to say the least but shareholders should not be surprised as they addressed the concern last quarter.