Am hoping it falls quite a bit, as I want to apply not only for my allocation in rights...but a significant additional allocation.
Having SP closer to rights issue price will mean a higher shortfall (ie less people subscribing for their entitlement) and therefore more rights and free options as part of additional application.
I have no doubt the SP is worth more easily more than 10c and will rerate back upwards at some stage.
Cdchi1
MOX Price at posting:
8.6¢ Sentiment: LT Buy Disclosure: Held
