MOL 0.00% 6.9¢ moly mines limited

completed 61.8 retracement, page-10

  1. 3,536 Posts.
    probably sold down to reduce SPP price which is not less than .8 of SP over previous 5 days before prospectus lodged.

    Looking at .90-1.00 for SPP IMO.

    MOL probably wants to get the SPP out of the way by the meeting on the 24/10, so I'd expect a closing date around the 20th, which doesn't leave much time. 10 days would take us up until the end of this week, so we may hear something before then.

    And as you say fish there could be a pump and dump in the SP as the new shares are issued. But always DYOR.
 
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Currently unlisted public company.

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