Yeah that would be nice but there are rules about the amount of capital that can be raise within a year without a vote at an AGM/EGM (we have one coming up so why haven’t they looked at increasing via a resolution?). I looked up the rules but I am a little confused, it seems to be 15% but MMI is raising 20% including the SPP so there musts be a reason MMI can get to 20%. If that is the limit then they can’t raise more than $4 million in the SPP.
Ann: MMI Webinar Invitation to Shareholders, page-7
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Last
5.3¢ |
Change
-0.002(3.64%) |
Mkt cap ! $314.8M | |||
| Open | High | Low | Value | Volume |
| 5.5¢ | 5.5¢ | 5.3¢ | $722.3K | 13.30M |
Buyers (Bids)
| No. | Vol. | Price($) |
|---|---|---|
| 7 | 835258 | 5.3¢ |
Sellers (Offers)
| Price($) | Vol. | No. |
|---|---|---|
| 5.5¢ | 1231028 | 5 |
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| Last trade - 16.10pm 05/07/2024 (20 minute delay) ? |
| MMI (ASX) Chart |