MMR 0.00% 0.4¢ mec resources limited

Ann: Proposed issue of securities - MMR, page-52

  1. 3,544 Posts.
    lightbulb Created with Sketch. 652
    answer is simple

    those holding will be eligible to by two shares at .005 cents each and get a free option

    previous raises were a little bit more generous

    1:1 at .0044 a share

    MEC have both PDF status and more % holding in advent than BPH

    BPH is trading at a low of .018 with 2 cents being the average for a while

    how much is MEC worth? Definitely a premium to BPH

    even at parity there is a very healthy profit to be made for those who just want to flip

    And the flippers keep skin in the game by keeping options

    nice profit and free options

    is that a good enough reason

    Last edited by Hoodlum: Saturday, 17:00
 
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