MMR 0.00% 0.4¢ mec resources limited

ann just out re shareholder share purchase pla, page-23

  1. 7,809 Posts.
    "You can have your own opinions of where the price will move, but id assume at September 8th it will be a lot higher so the dilution and amount of equity issued is a lot lower... So Option holders may have to re-adjust their holdings..."

    I think the shareprice is almost ensured to rise strongly soon on the basis of future announcements which in turn will justifiably raise a larger level of funds via the spp for the "imminent drill" . MMRO is premium strong for a good reason - current prices will soon be cheap, BUY is about to get strongly rerated upwards again I predict, and MMR is going to be a winner to be invested in .

 
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