I guess the inevitable prediction for 2024 is a 10:1 consolidation after the name change so the SP can be 'a respectable' 10c instead of 1c and they can issue another 9 times existing equity to keep the church of St Peter alive.
Most worrying aspect right now is there is no sign that they have recognized any corporate deficiencies or are able to make changes to deliver decent results.
After all it is all just "drill, drill, drill".
The big question is where the next capital raise will be: If situation normal: 0.005. If they 'luck it' and lets face it, that is what we are relying on now: luck. Maybe above 2c.
Will the 'maybe a SPP' farmed herd participants get 2c options or is that just for the apostles?
There seems no possibility of a T/O at this stage as legal title is being violated.
No mention of Perseus wanting to maintain stake.
- Forums
- ASX - By Stock
- MKG
- Ann: Proposed issue of securities - MKG
Ann: Proposed issue of securities - MKG, page-29
-
-
- There are more pages in this discussion • 42 more messages in this thread...
You’re viewing a single post only. To view the entire thread just sign in or Join Now (FREE)
Featured News
Add MKG (ASX) to my watchlist
|
|||||
Last
0.9¢ |
Change
0.002(20.0%) |
Mkt cap ! $8.879M |
Open | High | Low | Value | Volume |
0.8¢ | 0.9¢ | 0.8¢ | $10.92K | 1.291M |
Buyers (Bids)
No. | Vol. | Price($) |
---|---|---|
5 | 3252247 | 0.8¢ |
Sellers (Offers)
Price($) | Vol. | No. |
---|---|---|
0.9¢ | 3221042 | 9 |
View Market Depth
No. | Vol. | Price($) |
---|---|---|
5 | 3252247 | 0.008 |
22 | 6216778 | 0.007 |
11 | 3160664 | 0.006 |
7 | 2809990 | 0.005 |
3 | 3100000 | 0.004 |
Price($) | Vol. | No. |
---|---|---|
0.009 | 3221042 | 9 |
0.010 | 2574449 | 9 |
0.011 | 13965691 | 9 |
0.012 | 150018 | 2 |
0.013 | 1210030 | 3 |
Last trade - 12.11pm 06/09/2024 (20 minute delay) ? |
Featured News
MKG (ASX) Chart |