Things are already getting tighter and IMHO I think this will only get worse for MTQ the longer we go.
Trading since the extended offer date has averaged around 1.25million per day which is a long way short of the 2.6million per day they require. A bit like a game of T20 the longer the run rate continues below the required target the harder the task.
I note yesterday they paid 3.3cents again.
I am confused by the action of shareholders who are selling at this ridiculous price.
NMS Price at posting:
3.2¢ Sentiment: Hold Disclosure: Held