Simply can’t see this as capital raising, given that the SP when up approximately 6.5% last Friday (did someone know something, I suspect the answer will be yes when MCR resumes trading on Wednesday).
I suspect the following:
1) A takeover offer;
2) Further intersects of massive sulphides; or
3) A combination of the above.
Happy trading days for MCR holders this weeks.
Ann: Trading Halt, page-16
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