Markets moves on 'Non-binding agreements'. When it says 'Non-binding' it means there is no guarantee. Yet they are considered 'Price Sensitive'. Therefore, it doesn't matter if they didn't use the word guarantee.
It is very clear what is implied by the two statements below, especially the second one.
" But we also have to be ‘investable’, and that is what drove the need for share consolidation.
Many institutions we talk to are unable to invest in a company with so many shares outstanding and such a low volatile share price as a consequence."
if you have decided not to see it, you can't and will not. Unfortunately, I can't add any more to it. I will leave it that. The members in the forum can read it as they like.
Like they say, One can take the horse to the water twenty can't make it drink.
MGT $ 1.00 TARGET PRICE 2024, page-241
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Last
24.5¢ |
Change
-0.005(2.00%) |
Mkt cap ! $25.07M | |||
| Open | High | Low | Value | Volume |
| 25.5¢ | 25.5¢ | 24.5¢ | $29.38K | 117.9K |
Buyers (Bids)
| No. | Vol. | Price($) |
|---|---|---|
| 3 | 36620 | 24.0¢ |
Sellers (Offers)
| Price($) | Vol. | No. |
|---|---|---|
| 25.0¢ | 33897 | 2 |
View Market Depth
| Last trade - 16.10pm 23/08/2024 (20 minute delay) ? |
| MGT (ASX) Chart |