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3.33%

1.5¢ magnum mining and exploration limited

Ann: Funding Round for Green Pig Iron Project in Saudi Arabia, page-57

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RMInvest

491 Posts.

208

13/05/24

15:44

Post #: 73799899
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Originally posted by Kanems: ↑

But we are being diluted back to 15% and midmetal 15% of which we own half so total 22.5%
that's the way I read it I may be wrong and very happy too be wrong in all honesty

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I think it’s a wrong reading. Para 3 on page 2 explains.

Prior to this it’s 50/50, MGU owned 50%, Midmetal owned 50%.

Now other investors will own 50% total for funding 50%. The 2 consultants for funding will own 20%, leaving 30% split 50/50 between MGU and MidMetal at 15% apiece.

MGU Price at posting: 1.8¢ Sentiment: Buy Disclosure: Held
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0 Great analysis

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(20min delay)
Last 1.5¢		Change -0.001(3.33%)		Mkt cap ! $11.73M

Open	High	Low	Value	Volume
1.5¢	1.5¢	1.5¢	$214	14.59K

Buyers (Bids)

No.	Vol.	Price($)
12	4213999	1.4¢

Sellers (Offers)

Price($)	Vol.	No.
1.5¢	595283	4

View Market Depth

No.	Vol.	Price($)
12	4213999	0.014
9	1233846	0.013
4	306748	0.012
3	850000	0.010
1	120000	0.008

Price($)	Vol.	No.
0.015	595283	4
0.016	81562	1
0.017	1168000	3
0.018	418875	2
0.019	232431	4

Last trade - 11.51am 25/06/2024 (20 minute delay)

MGU (ASX) Chart