OTCQX:MEAUF - Post by User
Post by
investornoton Mar 21, 2012 10:57pm
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Post# 19703314
Tuesday will be very telling
Tuesday will be very telling Will the bought deal be successful the 2nd time around? Will the consortium be happy to hold what they could not sell to other parties? I for one will be pleased to see this behind us at this time next week.
Most importantly... will the Company (Ian) have news up his sleeve to see a boost to the lagging share price before we get to the summer doldrums, or will this be again left to drift aimlessly until mid to late Fall? I would suspect that the pressure is on to demonstrate reiliance of the company and the share price to out-perform and attract that major that Ian is wanting to lure.
For the price of the shares it is not a bad bet. It simply becomes a matter of where the investor feels the best point of entry will be.