Yes, and I undersatnd their reluctance to take up their offer.
However, you must understand and concede 62 capital will take up enough to ensure re-listing.
Thats all that is needed.
I dont understand the reasoning or the reasons one would continue to insist that a small take up somehow spells doom.
Well, lets have a look at the overall picture, and again, I stress, MEC resources have raised enough capital to re- list - and that was the intention.
I would contend that many people are struggling under the current economic environment. We live in very uncertain times, very uncertain.
If in doubt, why would someone take up their entitlement?
TBH, you would be nuts to take up the offer if their were circumstances flowing against them.
However, lets look at the facts.
It matters not, where the money comes from, as all that matters is that MEC has the money.. Thats it!, ladies and gentlemen and all those others - thats it!!!!!!!!!!
Reminds me of the film "Good will hunting"
"You like apples", well " how do you like them apples!!!!"Jesus guys, stop the arguing and this sauage fest. The only circus in town is MMR re-listing - thats it, nothing else matters.
Once trading again our various hypothesis or guesstimates will be revealed in all their glory - some will fly some will sink.
Why the hell would anyone bother to argue the toss, unless, for some dilusional fantasy, they think they can influence the trading of MMR.
Jesus walked on water, turned water into wine, healed the lepper and gave sight to the blind. The rest of us are just simple mortals.
Keep matters and our innate abilities in perspective. WE are just mere mortals.
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