Shorts will take up the offer close their positions (ie buy shares not sell) then they will open new positions and drive the price lower ad nauseam Money for jam
MSB will have $60 million in the coffers
Prediction we are 15 cents in a week
Eligible shareholders will not take their entitlement up as the share price will be lower than the entitlement price The disclaimer is some left field announcement like a big pharma partnership
Ann: MSB Launches Entitlement Offer and Placement, page-75
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Last
95.0¢ |
Change
0.025(2.70%) |
Mkt cap ! $1.084B | |||
| Open | High | Low | Value | Volume |
| 94.0¢ | 96.8¢ | 93.5¢ | $4.207M | 4.417M |
Buyers (Bids)
| No. | Vol. | Price($) |
|---|---|---|
| 3 | 42268 | 94.0¢ |
Sellers (Offers)
| Price($) | Vol. | No. |
|---|---|---|
| 95.0¢ | 48002 | 3 |
View Market Depth
| Last trade - 16.10pm 09/08/2024 (20 minute delay) ? |
| MSB (ASX) Chart |