I have a modest holdign of heads and oppies. Oppies are unlisted, but I assmue they will be admitted to the ASX.
I will particpate in the next raise and take my full entitlement. I will take more of offered.
I expect the CR will be fully subscribed. BPH is trading in a range of 2 cents. MMR should trade at a premium due to PDF status. So 2.5 cents, given the current climate would be reasonable, Thats a good profir straight off the bat for those who want to unload and make a pretty penny. AND you can keep your oppies !!!!.
This is pretty tight timing. What would happen if the JA said,
"Ah OK, we concede we must make a decision, you will have one in no more than 45 days!!!"
Hope we see the prospectus and timeline for re-enstatment. I also expect MMR to advise that re-enstantment will occur if the required funds are raised and provide an indicative date.
I've put my hat into the ring for this one. Could be enormous or a duster.
Lets find out.
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