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0.00% 6.6¢ magmatic resources limited

Ann: Trading Halt, page-12

  1. knaomi
    1,227 Posts.
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    16/05/24
    10:17
    Post #: 73851319
    What are these guys playing at? They have $3 million + AGC shares.

    Retail holders were just diluted by close to 25% with the addition of 75,000,000 shares given to FMG.

    Deals aside, if this is not at a premium OR if retail investors can't participate (at a discount with free attaching options) then this is a kick in the teeth to them.

    It's probably a major or some insto investors that have seen what's occurred with AGC and now want a piece of the pie at mates rates/before news is released.

    MAG Price at posting: 10.0¢ Sentiment: Hold Disclosure: Held
    Likes Created with Sketch. 5  Upvote
    lightbulb Created with Sketch.  Great analysis
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