Potentially, the company has 650K, if it raises at 3Cents, say 100M, then cash position becomes 3.6M with a MC of just under 6M, with the multiple projects it has, suddenly it looks much more attractive with potentials to acquire hot projects as well as current high grade gold tenements..
But all that depends on if the company does raise, when and at what price..
Ann: Consolidation/Split - MTH, page-7
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Last
18.5¢ |
Change
0.005(2.78%) |
Mkt cap ! $15.64M | |||
| Open | High | Low | Value | Volume |
| 18.0¢ | 19.0¢ | 18.0¢ | $31.43K | 168.8K |
Buyers (Bids)
| No. | Vol. | Price($) |
|---|---|---|
| 4 | 130225 | 18.5¢ |
Sellers (Offers)
| Price($) | Vol. | No. |
|---|---|---|
| 19.5¢ | 31222 | 2 |
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| Last trade - 16.10pm 02/07/2024 (20 minute delay) ? |
| MTH (ASX) Chart |