Why would you buy now? You don't qualify for the SPP. Existing s/holders will get an allocation, maybe not the full 100% applied for, at $0.80 soonish. Many such applicants will be hoping to get a quick profit. My opinion is that there will be plenty of MOL shares on the market very shortly and quite likely at a price around $0.82 - 0.87. Hopefully less. Indeed I have decided not to apply for any MOL under their SPP and anticipate buying in at or at less than $0.80. If it happens then sweet if not stiff cheese plenty of other opportunities.
MOL Price at posting:
92.0¢ Sentiment: None Disclosure: Held
