Some random thoughts on the current SP. When you think about the existing MEP SP unless an existing SH has a real need to raise cash, current holders will be quite happy for the SP to meander along in the doldrums for quite a few more months. It will enable existing SHs to continue to accumulate whilst our Board continues to explore new prospects and really work on the existing projects to unlock some mega deals.
This is obviously a good time for all current holders to quietly accumulate and dare I say it...be patient. We don't want to let the cat out of the bag too soon.
Just some idle thoughts on a Sunday afternoon.
kippax
MEP Price at posting:
19.0¢ Sentiment: Buy Disclosure: Held