Depending on the take up of new shares and the consequent dilution, ie. more slices of the same cake I wonder what price you are all expecting the shares to be trading at post post issue.
If there is no significant change in the company's assets and if market conditions do not change markedly I expect the on market price to fall to below the issue price.
At this time I am still undecided if I will participate in the issue.
MEP Price at posting:
15.0¢ Sentiment: Hold Disclosure: Held