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
24.0¢ |
Change
-0.005(2.04%) |
Mkt cap ! $24.55M | |||
| Open | High | Low | Value | Volume |
| 24.5¢ | 24.5¢ | 23.0¢ | $4.526K | 18.95K |
Buyers (Bids)
| No. | Vol. | Price($) |
|---|---|---|
| 4 | 137532 | 23.0¢ |
Sellers (Offers)
| Price($) | Vol. | No. |
|---|---|---|
| 24.0¢ | 86500 | 3 |
View Market Depth
| Last trade - 13.41pm 30/08/2024 (20 minute delay) ? |
| MGT (ASX) Chart |