Looks like someone also agrees we had a steal for this deal for the long run. Come on, let’s move back to 4c at least.
Blacksteel, I was thinking about a possible CR as well. But at this level, I don’t think those major investors are going to allow the company to do a CR to the public which will cause a severe dilution. If there is any raising proposal put up on the table by the management, I think more than likely the major Chinese investors will take them all. So won’t be a big issue IMO.
Somehow I am not that worried about our SP anymore. I also believe we won’t be staying at 2c level for too long. We did a nice double bottom @ 2.1c on the chart. It’s time for the big reversal to come!
A thumb up from me towards the management team for this move :)
MTE Price at posting:
2.5¢ Sentiment: Buy Disclosure: Held
