Market loved that... not!! When you raise at such a deep discount to market you are telling investors what you think the company is worth.
And guess what? The market is now punching the sp toward that very price - possibly lower? You'd have to be very brave to buy into this one.
Just remember - coming into wet season at Tennant Creek, so won't be a lot of news for the next 6 months.
Buyer beware - DYOR.
News: MDI Middle Island Resources Seeks To Raise A Minimum Of A$1 Million And Up To A$1.1 Million, page-2
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Last
1.3¢ |
Change
0.000(0.00%) |
Mkt cap ! $2.839M | |||
| Open | High | Low | Value | Volume |
| 0.0¢ | 0.0¢ | 0.0¢ | $0 | 0 |
Buyers (Bids)
| No. | Vol. | Price($) |
|---|---|---|
| 12 | 1976916 | 1.1¢ |
Sellers (Offers)
| Price($) | Vol. | No. |
|---|---|---|
| 1.2¢ | 3479 | 1 |
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