Ay, Scotty, they do lad. A 91% take up is phenominal, but not surprising given how generous it was to the existing shareholders! Expect some weakness in SP post-20th Nov as (some) people take a quick profit. I for one am keeping all mne - Royal have a great story and a very good chance of success. I note that most iron companies are going up strongly - its sinking in that China is not dead and iron prices are likely to stabilise and increase in the short term.
MFE Price at posting:
21.0¢ Sentiment: Hold Disclosure: Held
