MRF 3.17% 6.1¢ mrl corporation ltd

Ann. Capital Raising, page-8

  1. 3,738 Posts.
    lightbulb Created with Sketch. 634
    Had a change of heart ---- its a rubbish offer.

    If i wanted 5.5c shares id buy now at 5.3c -- the future option at 10c is piszing into the wind.

    Needed to be lower as the SP got smacked down under the offer on the news.. lol.. sucks i know but you get that.

    If a foundation or insto support was used instead this would of sent the SP up .. hard to get it right i know.. at least holders got the exclusive bag loosening dilution offer.. shame its over the offer price so you'd be mad to take it up even with the free option.

    1for1
 
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