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MITRA ENERGY INC V.MTE

"Mitra Energy Inc is engaged in the exploration and development of oil and gas resources in Southeast Asia. The Company has a portfolio of exploration assets and discoveries within the Philippines, Vietnam and Indonesia."


TSXV:MTE - Post by User

Comment by Easternhopeon Nov 07, 2016 8:18pm
120 Views
Post# 25434738

RE:RE:Placement ???

RE:RE:Placement ???I'm struggling here. 

A market placement is announced. Price is announced. 

Then the placement is terminated and insiders / major shareholders take up a new placement at a lower price. 

There is no explanation. Very strange. 

There are no new investors.  Was the managements' representation about market appetite therefore false? 

emmm. 
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