I think it's because a cap raise is coming at a 15% discount. Once that happens buyers will show up. Of course they may already be in discussions which could include buying a % on market before hand to qualify. That being the case we could see some stability and possible rise in sp.
Ann: Consolidation/Split - MGT, page-92
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Last
13.5¢ |
Change
-0.005(3.57%) |
Mkt cap ! $14.99M | |||
| Open | High | Low | Value | Volume |
| 14.0¢ | 14.0¢ | 13.0¢ | $8.93K | 65.36K |
Buyers (Bids)
| No. | Vol. | Price($) |
|---|---|---|
| 3 | 169813 | 13.5¢ |
Sellers (Offers)
| Price($) | Vol. | No. |
|---|---|---|
| 14.0¢ | 212973 | 3 |
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| Last trade - 14.33pm 11/11/2024 (20 minute delay) ? |
| MGT (ASX) Chart |