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0.00% 1.0¢ mako gold limited

Thats it Gold is offically on the back burner, page-38

  1. ggwill
    2,786 Posts.
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    02/12/23
    10:41
    Post #: 71232720
    They got around $27.5 million from the past five cap raises. They have been consistently taking money at a lower and lower price during this time as seen by the numbers below. To keep everyone happy, they are offering 1c shares to everyone. I wonder if the average Mako holder believes in this. I think I am gullible as I ended up here.

    21 Aug 2020: 11.5c (10 million)
    8 Jul 2021: 8c (10 million)
    14 Oct 2022: 4.1c (3.1 million)
    1 May 2023: 3c (2.6 million)
    17 Sep 2023: 1c (2 million)

    Cheers

    https://hotcopper.com.au/data/attachments/5785/5785421-4b635ccc25052fe8c6107020df339fc5.jpg


    MKG Price at posting: 0.9¢ Sentiment: Sell Disclosure: Held
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    lightbulb Created with Sketch. 1  Great analysis
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