G'day Ned. As I showed in my last post the WR1 value is only a fraction of the current SP so therefore the drop after the Record Date theoretically shouldn't be too great - unless people haven't done their sums correctly and think they're going to be getting more than they actually will. But considering the strength of the recent buying I don't think most of these people are greenhorns. They'd know what they're doing I'm sure. As for MTC retaining a percentage of shares in WR1, can you or anyone else direct me to that fact somewhere in the past announcements because I can't find it and can't recall ever having read it. My understanding is that all 45M shares created for MTC are being distributed pro-rata to MTC shareholders.
MTC Price at posting:
58.5¢ Sentiment: Buy Disclosure: Held
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