Re :MLM, page-72

There is a rights issue going on for a price of 5.2c. The SP is still above that level which in itself is a very good and healthy sign.

That we dropped down from 8c is of course a bad sign but most of that is likely due to the rights issue. So final date of the rights issue is tomorrow. After that the SP will be free to move up. But if the uptake was not all that good then the broker may have a lot of cheap 5.2c shares he may want to get rid of rather soon which would reduce the rise of the SP. But then again it is quite likely that (good) news is imminent, e.g. an off-take agreement... Then there is no stopping the SP, at least not under 10c.

So yes, a risky stock but the short term up potential is very concrete! I have taken my full share of the rights issue and asked for 2x more. Lets see tomorrow how much I got! I got my seatbelts on ready for take off!

But as they say DYOR!