Unless there are any larger investors waiting in the wings specifically for the T3 restructure before getting on board, or any possible early takeover parties see it as a trigger point to start jumping in to the register, i'm not expecting SP to have much reaction.
That being said, it is good to get it out of the way and I am anticipating an update of A4 once the corporate activity is out of the way, and not long until London listing.
Boy oh boy though it has been a long wait for any type of rerate potential.
A big help will be for our chart to start looking attractive to new investors.
It has been a slow decline for a good 10 Months, despite some very positive news over the past year, so some evidence for new investors that the trend is turning, or at least that good news can have a positive impact on SP would be great.
Some news to put MOD on radars again would be fantastic.
And basically finding more and more copper, to the point where the market cap starts to look ridiculous compared to resource assets.
Already those on to MOD see the disparity between market cap vs growing value potential,, but i'm looking forward to the wider market waking up to this as well...
MOD Price at posting:
40.0¢ Sentiment: Buy Disclosure: Held
