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MGT magnetite mines limited.

2.56%

8.0¢

So, how does the share price of these rights affect myself if I...

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DrGuidz

153 Posts.

15

27/04/22

13:00

Post #: 61043794
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Originally posted by bootlickin69420: ↑

You have been offered the right to purchase shares for 2.5c a piece, and for every 2 purchased you will be also offered a free option. The amount you are offered is 1/5 of your holding as of the 21st april.
The rights "MGTRE" can be traded like any other share until the 6th of may. If you trade your MGTRE this means that you will sell your rights to participate in the raise. The person who buys these rights will then be able to participate in the raise. After this date you will only be able to participate in the raise or let your rights lapse.

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So, how does the share price of these rights affect myself if I were to convert these rights at the deadline for 2.5 cents. If the share price increases to 2 cents will these be better off for myself then just say at 1 cent?

Thanks for the help!

MGT Price at posting: 3.0¢ Sentiment: Hold Disclosure: Held
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(20min delay)
Last 8.0¢		Change 0.002(2.56%)		Mkt cap ! $9.681M

Open	High	Low	Value	Volume
8.0¢	8.2¢	7.9¢	$21.75K	272.0K

Buyers (Bids)

No.	Vol.	Price($)
1	12258	7.9¢

Sellers (Offers)

Price($)	Vol.	No.
8.0¢	1596	1

View Market Depth

No.	Vol.	Price($)
1	12258	0.079
1	12500	0.078
1	64935	0.077
2	52473	0.076
3	240333	0.075

Price($)	Vol.	No.
0.080	1596	1
0.082	57206	2
0.087	123555	1
0.090	44376	2
0.095	51200	2

Last trade - 15.47pm 27/06/2025 (20 minute delay)

MGT (ASX) Chart

So, how does the share price of these rights affect myself if I...

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So, how does the share price of these rights affect myself if I...

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