I'm a holder of both VEN and just recently MEL im concerned if we don't all take up the offer of our shares then exactly what happened in VEN with Regal will play out in this company its a perfect peace of fruit for Regal the share price is a no brainer for it to rise in the future and Regal will of coarse Know this I feel and will exploit this. I have owned several shares where these guys "Regal" have turned up and its a long painful frustrating time watching them make there little 10% gaines until there finished mining the share price. Look at Regals share price and what it has done over the last year its impressive not to say the least but we don't want them on this stock trust me if it happens don't look at the share price of MEL for at least 12 months until there finish there sell off.
Buy up your entitlements people lets not let them in here.
MEL Price at posting:
2.8¢ Sentiment: Buy Disclosure: Held
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