A lot will depend upon how many took up the offer. Also how many SH are upset at seeing the SP decline during the offer period to the value of the offer. As often is seen the price is driven down to the offer price which causes people to lose patience and drop out.
Could be a few shares off loaded on today's deferred settlement basis from such disheartened SH.
One to watch and see what results come out in the near future. Does anyone have an idea of the exploration program planned ?
MGK Price at posting:
2.3¢ Sentiment: None Disclosure: Not Held
