Initial MRS investment1 Oct 2018 21:08
was settled by way of issuance of 25,166,666 URU shares @ 4.5p (MRS Consideration shares) for a total value of £1,132,500 on 1/3/2017 as they acquired 7,550,000 MRS shares representing 8.79% of the MRS share capital at this time from SCOPN Pty Ltd. A further £500,000 cash investment in MRS by URU took place on 5/5/2017 to purchase a further 10m shares in their fund raise @ 5p, boosting URU holding to 17,550,000 shares representing approximately 10.7% of MRS enlarged share capital following their return from suspension. So i deduce that the URU share price was artificially pumped to false true value levels by the massively enhanced 4.5p fund raise @ URU on 13/2/2017 to allow the initial MRS purchase to take place just 2 weeks later. Convenient timing to say the least 😂. :o).