MNE 5.26% 3.6¢ metallum limited

Ann: Repayment of Convertible Security, page-25

  1. 8,931 Posts.
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    Zeff needs to keep stoking this fire and he still has a couple of aces up his sleeve. Let's hope for a decent monthly next week to keep the interest. After that if I was him I'd pull the 1:4 card which most have forgotten about. There hasn't been a record date set but watch them go for it when they do. For those that don't know in the last CR they said they were giving 1 free oppie for every 4 shares held. As I've thought for some time this has been well thought out and the timing will be crucial. Then they will have no problem now getting the old MNEOB holders to cough up 0.002 for their old oppies. I will be. All with an exercise price of 0.015 in 2 years time the companies finaces will be secure. All IMO of course.
 
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