Would it? If the listing is for IM3, this may support TVL. Of the listing is for IM3NY...I don't really expect it to help all that much.
the only reason to list at this stage is to get a clearer market valuation of iM3NY, and hopefully see this reflected in the price of MNS.....That's not a reason to publicly list (well, not a good reason to list in my eyes).
Magnis' best option near term is to do everything it can (outside of publicly listing a company it is a majority owner for and diluting its stake before the greater market has clarity on its operations and capacity) to increase SP to 50c + and encourage conversion of options recently issued. Don't want to see another Capital raise when there is $60mill to be received in option conversions. The question is....how can they encourage this SP appreciation without prematurely diluting their interest in iM3NY?
- Forums
- ASX - By Stock
- MNS
- Ann: Proposed issue of Securities - MNS
Ann: Proposed issue of Securities - MNS, page-89
-
- There are more pages in this discussion • 7 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 MNS (ASX) to my watchlist
(20min delay)
|
|||||
Last
4.2¢ |
Change
0.000(0.00%) |
Mkt cap ! $50.37M |
Open | High | Low | Value | Volume |
0.0¢ | 0.0¢ | 0.0¢ | $0 | 0 |
Featured News
MNS (ASX) Chart |
Day chart unavailable