Not going to make any further statement about the sp or likely direction. What I will say is I'm going to sit on my hands and wait until more information is released regarding MXC's cap raise and there is clarity as to how it effects MXC sp. Personally the reaction of the market to MXC cap raise will determine my next move/s with MM sector. Suspect there might be a few with similar ideas in this space too.
Just my thoughts.
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