Dann,
I guess the end result will be approximately the same and i would hazard to say that the market has factored in the inevitable massive dilution looming in 6 months time when more cash will have to be raised. There are over a billion shares on the books at the moment. If my understanding is correct money raised at these levels will trigger the non dilution clause of the last raising resulting in a further issuance of another 2 billion shares. So essentially our existing shares will be worth a truckload less than they are now. I am now doubtful whether my investment over more than a decade will ever be realised as it is becoming more and more apparent that Sentient will take control of the company for a song.
Anyway I am no expert and I hope I am wrong about the above.
I hold mmc
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Last
94.5¢ |
Change
0.010(1.07%) |
Mkt cap ! $108.5M |
Open | High | Low | Value | Volume |
97.5¢ | 99.5¢ | 94.5¢ | $618.4K | 637.9K |
Buyers (Bids)
No. | Vol. | Price($) |
---|---|---|
2 | 6173 | 94.5¢ |
Sellers (Offers)
Price($) | Vol. | No. |
---|---|---|
97.0¢ | 48062 | 4 |
View Market Depth
No. | Vol. | Price($) |
---|---|---|
2 | 6173 | 0.945 |
2 | 150000 | 0.940 |
1 | 11049 | 0.905 |
1 | 4000 | 0.890 |
1 | 1172 | 0.850 |
Price($) | Vol. | No. |
---|---|---|
0.970 | 47062 | 3 |
0.985 | 25000 | 1 |
0.995 | 20000 | 1 |
1.000 | 28000 | 3 |
1.020 | 25000 | 1 |
Last trade - 16.10pm 06/09/2024 (20 minute delay) ? |
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