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what is mxrr, page-4

  1. 6,316 Posts.
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    wotthe,

    The MXRR expires on the 13th August.

    After that you have the right to buy 1:5 MXR shares with the attached MXROA option @ 31cents before the 20th August. That is what i will be doing as i have just received the Prospectus and Forms in the mail.

    I look at it this way, for your 31 cents, there is no brokerage fee and you get an attached option with it.
    You can also apply for additional shares with the attached option for the same price.

    Longer term, the shareprice will take care of itself.

    Cheers markco2


 
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