UWC underwood capital limited
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Ann: Proposed issue of Securities - MMJ, page-2

  1. mattstambe
    755 Posts.
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    23/03/20
    12:57
    Post #: 43646318
    How will they raise money at 8c when the on-market stock price is 6.7c?

    Surely people buying this poor performing stock will expect a >20% discount to list price?

    Lets try this offer again with an offer price of 4c, then we may have a chance of filling the allocation.
    MMJ Price at posting: 6.6¢ Sentiment: None Disclosure: Held
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    lightbulb Created with Sketch.  Great analysis
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4.8¢ 		Change
0.000(0.00%) 		Mkt cap ! $9.875M
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