MEE metex resources limited

rights issue at 12c

  1. mattrix
    408 Posts.
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    23/02/07
    18:02
    Post #: 2222716
    Announcement out big plus is funds will be used start U exploration and fund JV With csiro. Both have the potential to increase the value for share holders quite substatntially. Although the issue is 1 for five there is the opportunity to acquire more depending on the take up. May see some downside come Monday but I believe thse will be eagerly snapped up.
    MEE Price at posting: 0.0¢ Sentiment: Buy Disclosure: Held
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    lightbulb Created with Sketch.  Great analysis
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