Thoughts? Interesting, convertible to shares 10 days after the announcement of the funding package at 95% VWAP.
5% discount isn't too bad for conversion, not sure how this ranks up historically.. guess this sort of hints at an incentive to bed down funding for the shares to convert.
I guess financing isn't too far off, the issue is more what proportion is debt vs equity %?
$2m should answer all immediate funding questions hovering around though re: admin and exploration outgoings and a need for a CR.
$2m placement
-
- There are more pages in this discussion • 38 more messages in this thread...
You’re viewing a single post only. To view the entire thread just sign in or Join Now (FREE)
Add MYG (ASX) to my watchlist
 (20min delay)
|
|||||
|
Last
79.5¢ |
Change
-0.045(5.36%) |
Mkt cap ! $72.71M | |||
| Open | High | Low | Value | Volume |
| 82.5¢ | 82.5¢ | 79.0¢ | $57.46K | 71.46K |
Buyers (Bids)
| No. | Vol. | Price($) |
|---|---|---|
| 4 | 9339 | 79.5¢ |
Sellers (Offers)
| Price($) | Vol. | No. |
|---|---|---|
| 85.0¢ | 18000 | 1 |
View Market Depth
| Last trade - 13.23pm 24/07/2024 (20 minute delay) ? |
| MYG (ASX) Chart |