"next time state that it is your guesstimate first rather than...

"next time state that it is your guesstimate first rather than saying 'it looks like a full subscription at this stage' with no evidence."

Since my last post was moderated to oblivion. I try it again here with some scientific approach:).

As I understand the phase "It looks like" is a suggestion of something may or may not happen based on observation or guesstimate, or whatever without a clear proven evidence.

Again, I would repeat it here.. It looks like a full subscription at this stage, until announce otherwise by the company.

Based on the following observation and assuptions:
(1) MEL is consistently traded above 20c over the last two weeks.

(2) Most of the shareholders here declared to have subscribed in full last week, including me.

(3) Assuming 1/3 of the 5,300 shareholders apply in full would see a demand of 125mil+ shares

(4) The SPP is capped at 100mil shares....and so on...

No time to repeat again... so Happy ?

It makes little different to the SP whether you wish to apply on the last day or let it pass.