MMR mec resources limited

Yes, it was all detailed in the offer documents for the rights...

  1. 12,572 Posts.
    lightbulb Created with Sketch. 4419
    Yes, it was all detailed in the offer documents for the rights issue. These are part of the shares issued under the offset arrangement. Because the previous BOD made so many mistakes in relation to PDF compliance etc, which led to suspension, and because the ASX originally had a re-instatement condition of "PEP11 approval", the cash wasn't there to pay Directors. On completion of the rights issue/offset arrangement/shortfall offer, all debts, including Directors Fee owing, have been settled. Result - Debt free and circa $3M in the bank.
 
Add to My Watchlist
What is My Watchlist?
A personalised tool to help users track selected stocks. Delivering real-time notifications on price updates, announcements, and performance stats on each to help make informed investment decisions.
(20min delay)
Last
0.5¢
Change
0.000(0.00%)
Mkt cap ! $9.248M
Open High Low Value Volume
0.0¢ 0.0¢ 0.0¢ $0 0

Buyers (Bids)

No. Vol. Price($)
16 8677197 0.4¢
 

Sellers (Offers)

Price($) Vol. No.
0.5¢ 7254475 7
View Market Depth
Last trade - 16.12pm 18/06/2025 (20 minute delay) ?
MMR (ASX) Chart
arrow-down-2 Created with Sketch. arrow-down-2 Created with Sketch.