I agree that the share price should hold up on the basis that it...

I agree that the share price should hold up on the basis that it was only an issue to instos and not a rights issue to retail investors. All in all I think the announcement is very positive and will cause people to start having a closer look at what is IMO a quality company with a solid track record and a bright future.

I'm hopeful that President Obama's recent announcement to permit offshore oil and gas exploration in the US might offer some export opportunities for MCE. Their last investor presentation indicated a focus on growing the US business