The horror of MGT, "the horror"
MGT has two weeks to get the share price above 20 cents, or else its second attempt to raise equity will fail, the underwriters will have $2 million of stock or some 10 million shares to clear , which will destroy the share price for the rest of the year . HIO is joined at the hip to MGT , life above 2 cents is looking increasingly precarious. 8-(
Looks like HIO has decided it can get away with saying/doing nothing for the rest of the 2024, with its revolting opaque updates of months ago
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