Yes, the pro rata offer is available to any existing shareholders.
I’m as peeved as any SH here. Pending your perspective you may see the following ramblings as a positive or negative:
- with this offer, no existing retail shareholder can sign up for a larger allocation, to let’s say average down and sell out, this could help keep the register tight until MEM start delivering positive news
- investors have held this stock tightly, and I would be surprised if too many of us are hitting the F this button now, considering the journey so far, and sell at a considerable loss
- AC did put some of her own funds up at $45k, sure she wouldn’t feel compelled to throw 45k out the door if she didn’t believe in what’s ahead
- with Peters, putting up let’s call it another $0.5m roughly, he just has too much skin in the game at this point not to contribute, risk management move
Agreed:
- Funds are not enough to scale Felix
- 2c is a joke, couldn’t have timed it any worse, 8 month ago you had your first sale and cash was low, do it then
- AC needs to go
Also…where is the sales manager recruitment at? I asked management days before the TH and got a decline to comment.
If it goes to 2c, I’ll top up but on market, 1 for 9 share offer does not seem worth the admin hassle.
Just my perspective. Keen to hear others thoughts.
Albie
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Last
0.9¢ |
Change
-0.002(18.2%) |
Mkt cap ! $12.44M |
Open | High | Low | Value | Volume |
1.0¢ | 1.1¢ | 0.9¢ | $49.61K | 5.153M |
Buyers (Bids)
No. | Vol. | Price($) |
---|---|---|
4 | 4922245 | 0.9¢ |
Sellers (Offers)
Price($) | Vol. | No. |
---|---|---|
1.0¢ | 400000 | 1 |
View Market Depth
No. | Vol. | Price($) |
---|---|---|
3 | 3922245 | 0.009 |
5 | 3329164 | 0.008 |
2 | 2942999 | 0.007 |
7 | 2508583 | 0.006 |
2 | 1000000 | 0.005 |
Price($) | Vol. | No. |
---|---|---|
0.010 | 400000 | 1 |
0.011 | 312795 | 3 |
0.012 | 778782 | 4 |
0.013 | 713500 | 1 |
0.014 | 960406 | 4 |
Last trade - 16.10pm 23/08/2024 (20 minute delay) ? |
MEM (ASX) Chart |
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