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
(20min delay)
|
|||||
Last
85.0¢ |
Change
-0.010(1.16%) |
Mkt cap ! $95.67M |
Open | High | Low | Value | Volume |
86.0¢ | 87.0¢ | 83.5¢ | $399.1K | 470.7K |
Buyers (Bids)
No. | Vol. | Price($) |
---|---|---|
3 | 52604 | 84.5¢ |
Sellers (Offers)
Price($) | Vol. | No. |
---|---|---|
85.0¢ | 5083 | 1 |
View Market Depth
No. | Vol. | Price($) |
---|---|---|
3 | 52604 | 0.845 |
1 | 4800 | 0.840 |
4 | 32877 | 0.835 |
1 | 4800 | 0.830 |
2 | 6012 | 0.825 |
Price($) | Vol. | No. |
---|---|---|
0.850 | 7083 | 1 |
0.855 | 7431 | 1 |
0.860 | 6215 | 2 |
0.865 | 2909 | 2 |
0.870 | 7687 | 2 |
Last trade - 13.05pm 09/07/2024 (20 minute delay) ? |
Featured News
MMC (ASX) Chart |