MMR 0.00% 0.4¢ mec resources limited

reason for sp drop on spp ex titlement day?, page-5

  1. 7,809 Posts.
    I don't thnk it has been going up because of a spp entitlement . If you owned 1 share only you still had the right to participate . Why buy millions ?

    I believe it is no coincidence that it is trending up when the company has been doing presentations to a sophistcated audience at numerous locations . The volumetric targets and price possibilities are huge and the amount of scrip is limited . It will be alot higher at spud than recent highs, imo .

    The technical data that the company is presenting is very significant and the string of announcements coming will ensure that the spp is done at a strong price .
 
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