MFE magnetite mines limited
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it amazes me that the renounceable Rights was under subscribed...

  1. jazzapat
    587 Posts.
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    18/10/07
    12:46
    Post #: 2908005
    it amazes me that the renounceable Rights was under subscribed by share holders (only by 13.3%).
    Based on the share price late last week (and now) this was an amazing opportunity to simply take up your entitlements and if need be, sell for a healthy profit. based on the current value of the options and shares you make nearly 100% on your investment if you were to sell on market (which i will not).

    i will hold longer to realise even greater gains!!!
    MFE Price at posting: 0.0¢ Sentiment: Buy Disclosure: Held
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    lightbulb Created with Sketch.  Great analysis
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