MHL 0.00% 0.3¢ monitor energy limited

Dont get me wrong. I totally agree too. The announcement even...

  1. 7,747 Posts.
    Dont get me wrong. I totally agree too. The announcement even said they are looking for new project to replace Trinidad. So the money raised will be well used. The issue is Tony has paid 0.2c

    At 0.2c it is probably a good buy. But it would want to be for those of us with a 0.4c average or above. The sp would need to atleast double to break even.

    Obviously we use the 0.2c rights issue to average down a bit and hope the new project kicks goals. You would think the rights will be a heavy one. Perhaps 1:1 or more?
 
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