MCL 4.69% 33.5¢ mighty craft limited

Robbie,Assuming they are not scaled back because of...

  1. 435 Posts.
    Robbie,

    Assuming they are not scaled back because of oversubscriptions to the SPP, then the $250K would buy 6.75 million shares at 3.7 cents. Add that to the .6 million they bought yesterday, and it is a great way to take a position in the company. In the current market, it would be fairly difficult to buy that quantity at a slight discount to market, so it seems like a very smart move to me.

    Onwards and upwards, as they say....

 
watchlist Created with Sketch. Add MCL (ASX) to my watchlist

Currently unlisted public company.

arrow-down-2 Created with Sketch. arrow-down-2 Created with Sketch.