The SP will naturally trend towards the 1.8c line where shareholders can snap up shares for in a few weeks time. However, the initial purchase price is 3.4c and whilst the terms of this deal (like all placements) mean the subscriber can manipulate the stock to obtain a quick profit, given the potential size of their holdings it is certainly in their interest for kogi to succeed. They (alongside other shareholders) will make a fortune if it does.
This is fantastic news for the company.
The SP will naturally trend towards the 1.8c line where...
Add M4M (ASX) to my watchlist
 (20min delay)
|
|||||
|
Last
1.9¢ |
Change
-0.001(5.00%) |
Mkt cap ! $61.40M | |||
| Open | High | Low | Value | Volume |
| 2.0¢ | 2.1¢ | 1.9¢ | $492.6K | 24.39M |
Buyers (Bids)
| No. | Vol. | Price($) |
|---|---|---|
| 6 | 985945 | 1.9¢ |
Sellers (Offers)
| Price($) | Vol. | No. |
|---|---|---|
| 2.0¢ | 750000 | 2 |
View Market Depth
| Last trade - 16.10pm 03/05/2024 (20 minute delay) ? |
|
|||||
|
Last
2.0¢ |
Change
-0.001 ( 2.50 %) |
||||
| Open | High | Low | Volume | ||
| 2.0¢ | 2.1¢ | 1.9¢ | 21985022 | ||
| Last updated 15.45pm 03/05/2024 ? | |||||
| M4M (ASX) Chart |