Surely people espousing purchasing more MYG/OA/OB can only continue buying into a downtrend for so long before conceding a lost cause??? I suppose if you have a lazy k or two to drop on OAs the rewards could be there but the liklihood of financing before expiry seems remote in all honesty.
What's more likely is an institution underwriting the OAs, finance being announced AFTER the underwriting agreement and that same institution making a motza (only has to be a 2-3 cents to make it worth their while, so 7-8c would be fine). Along with the underwriting fees, you can see who would be rewarded and who would be diluted.
If i could gamble on anything to do with this company atm, the above scenario would be it!
- Forums
- ASX - By Stock
- MYG
- sp could fall below recent low 3.4 cents
sp could fall below recent low 3.4 cents , page-17
-
-
- There are more pages in this discussion • 5 more messages in this thread...
You’re viewing a single post only. To view the entire thread just sign in or Join Now (FREE)
Featured News
Add MYG (ASX) to my watchlist
|
|||||
Last
75.0¢ |
Change
0.010(1.35%) |
Mkt cap ! $68.60M |
Open | High | Low | Value | Volume |
74.0¢ | 76.5¢ | 73.5¢ | $23.25K | 31.18K |
Buyers (Bids)
No. | Vol. | Price($) |
---|---|---|
1 | 55 | 77.0¢ |
Sellers (Offers)
Price($) | Vol. | No. |
---|---|---|
79.0¢ | 4972 | 3 |
View Market Depth
No. | Vol. | Price($) |
---|---|---|
1 | 55 | 0.770 |
1 | 4329 | 0.745 |
1 | 3564 | 0.735 |
1 | 3345 | 0.725 |
1 | 37928 | 0.700 |
Price($) | Vol. | No. |
---|---|---|
0.790 | 1300 | 2 |
0.850 | 500 | 1 |
0.885 | 14128 | 1 |
0.940 | 11112 | 2 |
0.945 | 1100 | 1 |
Last trade - 15.47pm 30/08/2024 (20 minute delay) ? |
Featured News
MYG (ASX) Chart |
The Watchlist
CCO
THE CALMER CO INTERNATIONAL LIMITED
Anthony Noble, MD & CEO
Anthony Noble
MD & CEO
Previous Video
Next Video
SPONSORED BY The Market Online