These Punters are obviously coverting unlisted options from a credit raise to be eligible for more stock in the rights issue.
Its a positive sign that MMR is going to relist in the near future.
No one throws away +$300k on something that won't list.
Punters bought these shares at .004c which had free unlisted options attached. These Punters have now paid .0055c (Higher than original heads price) to covert to heads before relisting.