MEL metgasco ltd
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I wonder if MAY will take up their entitlement ?With the power...

  1. jophda
    4,914 Posts.
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    06/07/21
    19:50
    Post #: 54325681
    I wonder if MAY will take up their entitlement ?
    With the power of hindsight the swapping of 4 MAY shares for 1 MEL share was not a good deal for MAY shareholders and taking up all their entitlement in the CR would cost them about $916,000 .

    The MAY BOD might not like to remind their share holders of what would now be considered a mistake .
    MEL Price at posting: 2.8¢ Sentiment: Buy Disclosure: Held
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    lightbulb Created with Sketch.  Great analysis
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