Appears to be a takeover by control by Burton who refused to honour an underwriting in November but is not back in as underwriter with Remjay which is the company of the father of the new director , Jones.
Its 123 on how to get control of an ASX listed company for nicks.
Theres is a SP increase in this for sure and entitlements are cheap, thats why they have orchestrated this and priced the shares at 1.8c.
The director of Remjay is one of the richest 200 people in Australia. Watch a project get financed as soon as this issue closes.
I`m buying in.
MEJ Price at posting:
1.5¢ Sentiment: Buy Disclosure: Held
