Shareholders outside of the Top 20 hold less than 20% of the SOI. I don’t see how it’s in the best interests of MME, as a whole, to accept an over subscription at such a significant discount. Perhaps they may accept a minimal over subscription if it means accepting all applications in full, but it doesn’t make much sense to accept a significant over subscription and dilute the large shareholders that have carried the bag for MME.
Ann: Investor Presentation - Capital Raising, page-84
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Last
7.0¢ |
Change
0.005(7.69%) |
Mkt cap ! $56.00M | |||
| Open | High | Low | Value | Volume |
| 6.5¢ | 7.0¢ | 6.4¢ | $26.51K | 401.5K |
Buyers (Bids)
| No. | Vol. | Price($) |
|---|---|---|
| 1 | 30000 | 6.8¢ |
Sellers (Offers)
| Price($) | Vol. | No. |
|---|---|---|
| 7.0¢ | 58753 | 1 |
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| Last trade - 16.10pm 14/06/2024 (20 minute delay) ? |
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Last
6.9¢ |
Change
0.005 ( 6.15 %) |
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| Open | High | Low | Volume | ||
| 6.5¢ | 6.9¢ | 6.3¢ | 31581 | ||
| Last updated 15.47pm 14/06/2024 ? | |||||
| MME (ASX) Chart |