MLX 3.66% 42.5¢ metals x limited

So around the 14th of October when the company gets diluted once...

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    So around the 14th of October when the company gets diluted once again what is expected to happen to the share price?
    So if everyone took up the offer and the SP was $0.18 or $0.19 all those shares could be sold quickly to make a tidy 20% gain.
    Mayb they will release some positive news to try to balance this out?
    Interested in peoples thoughts on this one
 
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