For those who worried about more dilution, I interpret this buying on market by Drake as a fairly good indication there wont be another cap raise anytime soon.
Think about it. Drake were in on the first cap raise and were probably hoping to get in on some more action, all things going well. But now Credit Suisse are taking the next steps with funding, ie. the $4M, they probably realise they're not going to get another sophisticated placement.
Only option left is to buy on market. Good strategy John. It's paying off and will continue to do so IMO.
Good luck to all holders!
- Forums
- ASX - By Stock
- Ann: Change in substantial holding
For those who worried about more dilution, I interpret this...
-
-
- There are more pages in this discussion • 13 more messages in this thread...
You’re viewing a single post only. To view the entire thread just sign in or Join Now (FREE)
Featured News
Add MYG (ASX) to my watchlist
|
|||||
Last
73.0¢ |
Change
-0.030(3.95%) |
Mkt cap ! $66.77M |
Open | High | Low | Value | Volume |
74.0¢ | 76.0¢ | 68.0¢ | $137.0K | 191.8K |
Buyers (Bids)
No. | Vol. | Price($) |
---|---|---|
1 | 2443 | 73.0¢ |
Sellers (Offers)
Price($) | Vol. | No. |
---|---|---|
77.0¢ | 13672 | 2 |
View Market Depth
No. | Vol. | Price($) |
---|---|---|
1 | 2443 | 0.730 |
2 | 7733 | 0.725 |
2 | 8523 | 0.720 |
1 | 3196 | 0.710 |
2 | 42928 | 0.700 |
Price($) | Vol. | No. |
---|---|---|
0.770 | 13672 | 2 |
0.790 | 1300 | 2 |
0.810 | 10000 | 1 |
0.850 | 5199 | 2 |
0.885 | 14128 | 1 |
Last trade - 16.10pm 28/08/2024 (20 minute delay) ? |
Featured News
MYG (ASX) Chart |
The Watchlist
UNT
UNITH LTD
Idan Schmorak, CEO
Idan Schmorak
CEO
Previous Video
Next Video
SPONSORED BY The Market Online