Darn, another 8.1 million shares issued and $81,000 raised to manage the most expensive video library in Australia. With this sort of cash you would think they are in the business of making movies not keeping the rarely watched ones regularly dusted.
Interesting that they had completed the placement for 250m shares as per the general meeting agreement, which was capped at 250 million shares within 3 months but now they can find room to issue more under the same resolution after the 3 month expiry? Can only be issued under the 15% rule, but thats not what they say...
Still monitoring the trading activity. Not the only one...
MUI Price at posting:
1.6¢ Sentiment: Sell Disclosure: Not Held
