Why is people afraid of capital raising?
We had one last year which I gladly participated in at .01, look where we are sitting now.
As long as the management knows what they're doing with our money, I rest easy. Capital raising is not evil. It is an integral part of budding companies. I would put my money in again when they do the next cr.
As I understand people were afraid of MGT having a CR when it was 3 cents and sat on sidelines, and we are at 6 cents now with another year worth of cash reserve. Easy 100% gains missed because there were afraid of CR. I don't get it. I treat capital raising like a lovely mother in law. Just be careful, but nothing to be afraid of. lol
MGT share price, page-5544
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Last
14.0¢ |
Change
-0.005(3.45%) |
Mkt cap ! $16.14M | |||
| Open | High | Low | Value | Volume |
| 14.0¢ | 14.5¢ | 14.0¢ | $1.131K | 8.076K |
Buyers (Bids)
| No. | Vol. | Price($) |
|---|---|---|
| 2 | 8137 | 14.0¢ |
Sellers (Offers)
| Price($) | Vol. | No. |
|---|---|---|
| 14.5¢ | 76853 | 1 |
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| Last trade - 15.09pm 18/11/2024 (20 minute delay) ? |
| MGT (ASX) Chart |