MGT
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1.69% 30.0¢ magnetite mines limited.

Ann: Change of Share Registry address, page-15

  1. barmy44
    468 Posts.
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    25/09/23
    12:21
    Post #: 70010179
    Its not a hard and fast rule as far as I can tell, just how I took the companies own comments: to paraphrase, we are consolidating to meet institutional investor expectations.

    FMG did a 1 to 10 share split after they were in production to increase liquidity. They had already been funded into production by that point.

    They went from 300 million to 3 billion SOI after the split.

    Don't know about PLS.
    MGT Price at posting: 33.0¢ Sentiment: None Disclosure: Not Held
    Likes Created with Sketch. 1  Upvote
    lightbulb Created with Sketch.  Great analysis
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30.0¢ 		Change
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