macmin maybe starts up...

Hello Macminers,

what is the reason for the 15,6% up today ???
Should that be the turnaround ?

Maybe is that the reason:

FINAL ALLOTMENT, ENTITLEMENTS ISSUE

As advised to ASX on 22 February 2008, the Entitlements Issue (Prospectus dated 20December 2007) that closed on Wednesday 20 February 2008 received applications for
17,791,943 shares with 8,895,941 free attaching options, raising a total of $3,558,388.60.

An interim allotment of 7,088,400 shares and 3,544,200 options was processed on 6 February
2008.A final allotment of 10,703,543 shares and 5,351,741 options has been processed today and holding statements will be despatched today as scheduled.

An Appendix 3B in relation to the Entitlements Issue was lodged on 20 December 2007.


Yours faithfully,
Garry Edwards
CHIEF EXECUTIVE OFFICER


http://stocknessmonster.com/news-history?S=MMN&E=ASX