Dann,
I guess the end result will be approximately the same and i would hazard to say that the market has factored in the inevitable massive dilution looming in 6 months time when more cash will have to be raised. There are over a billion shares on the books at the moment. If my understanding is correct money raised at these levels will trigger the non dilution clause of the last raising resulting in a further issuance of another 2 billion shares. So essentially our existing shares will be worth a truckload less than they are now. I am now doubtful whether my investment over more than a decade will ever be realised as it is becoming more and more apparent that Sentient will take control of the company for a song.
Anyway I am no expert and I hope I am wrong about the above.
I hold mmc
- Forums
- ASX - By Stock
- Ann: Appointment of New Director
Dann,I guess the end result will be approximately the same and i...
Featured News
Add MMC (ASX) to my watchlist
|
|||||
Last
90.0¢ |
Change
0.040(4.65%) |
Mkt cap ! $102.5M |
Open | High | Low | Value | Volume |
86.0¢ | 91.5¢ | 83.5¢ | $1.415M | 1.620M |
Buyers (Bids)
No. | Vol. | Price($) |
---|---|---|
2 | 71781 | 90.0¢ |
Sellers (Offers)
Price($) | Vol. | No. |
---|---|---|
92.5¢ | 1218 | 1 |
View Market Depth
No. | Vol. | Price($) |
---|---|---|
2 | 71781 | 0.900 |
1 | 1195 | 0.895 |
1 | 21714 | 0.845 |
1 | 1198 | 0.835 |
1 | 1212 | 0.825 |
Price($) | Vol. | No. |
---|---|---|
0.925 | 1218 | 1 |
0.950 | 25000 | 1 |
0.990 | 1800 | 1 |
1.000 | 55292 | 3 |
1.050 | 27255 | 2 |
Last trade - 16.10pm 09/07/2024 (20 minute delay) ? |
Featured News
MMC (ASX) Chart |