1. This 9.7m CR is just for 4m due on 24th Aug. The CR does not cover 2m due 30th Oct. Therefore, there is a good chance that another CR near Oct. And after that they need another 4m to acquire 100% of this project. Then, they need 60m to renovate the plant plus working capital before it turns cash positive. So, with that many possible CR in the future. The SP will go nowhere.
Don't understand that, why do we get only 4 million and not the whole 9,7???
i told you cr below 10c. sp will drop to 9.5 c, page-16
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Last
$1.00 |
Change
-0.035(3.38%) |
Mkt cap ! $93.27M | |||
| Open | High | Low | Value | Volume |
| $1.00 | $1.00 | $1.00 | $3.172K | 3.172K |
Buyers (Bids)
| No. | Vol. | Price($) |
|---|---|---|
| 1 | 50000 | $1.02 |
Sellers (Offers)
| Price($) | Vol. | No. |
|---|---|---|
| $1.06 | 2000 | 1 |
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| Last trade - 10.58am 16/07/2025 (20 minute delay) ? |
| MYG (ASX) Chart |