Ann: Investor Update-MNS.AX, page-74

Bell Potter SP Target $1.45c
Ocean Blue SP Target $1.40c (Strategic Target $2.50c)

Ever since the AFR "Street Talk" Article about a CR the SP has been heading south.
http://www.copyright link/street-talk/magnis-resources-considers-equity-call-20160629-gpv28k

Good on Frank for getting on the front foot with a response...however I think the damage has been done.
http://www.aspecthuntley.com.au/doc...zaWduYWwvZXJyb3JwYWdlcy9wZGZkZWxheWVkLmpzcA==

Blue Ocean mentioned a CR circa 60c...with the disclaimer that by the time a CR was needed the SP would be considerably higher (Resulting in Less Dilution). Page 22
http://magnis.com.au/article.php?id=145

My observation based on trading pattern is...SP is being pushed down...to reduce CR price...IMO