MGT magnetite mines limited.
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MGT share price, page-11507

  1. GoldStar112
    1,041 Posts.
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    24/05/22
    16:33
    Post #: 61593406
    As in, rights issue raised $15+ but if you look at the breakdown of the announcement about $7m of that came from the shortfall raise. ie the rights weren't fully taken up by existing shareholders, so other investors had to come in to fill the shortfall.

    Looks like the shortfall funds were just flippers imo and that will need time to wash out
    MGT Price at posting: 2.3¢ Sentiment: None Disclosure: Not Held
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    lightbulb Created with Sketch.  Great analysis
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8.7¢ 		Change
0.003(3.57%) 		Mkt cap ! $10.66M
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8.7¢ 8.7¢ 8.7¢ $3.654K 42K

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1 3798 8.7¢
 

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9.0¢ 206026 2
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