It is in a great position, i agree, however it is still yet to produce any material results that it will acquire funding/move forward as a miner. So from that point of view i have my hesitations. MOU's aren't worth the paper they're written on.
This wouldn't sting as much if Tim didn't say they wouldn't be shaking the pan at shareholders anymore, just a few months ago.
There is enough uncertainty in the markets and global stability as it is, i don't need the run around from management too.
As someone else said, drop a sweetener ASAP to entice me as a shareholder and then ill participate in the purchase, but until then its just financially a bad decision when i can buy more for less on market. I mean they didn't even throw out options this time. Feels like a raw deal.
If the purchasing doesn't meet the levels they need they still have the opportunity to have it underwritten, so I'm not concerned about uptake.
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Last
24.5¢ |
Change
-0.005(2.00%) |
Mkt cap ! $25.07M |
Open | High | Low | Value | Volume |
25.5¢ | 25.5¢ | 24.5¢ | $29.38K | 117.9K |
Buyers (Bids)
No. | Vol. | Price($) |
---|---|---|
3 | 36620 | 24.0¢ |
Sellers (Offers)
Price($) | Vol. | No. |
---|---|---|
25.0¢ | 33897 | 2 |
View Market Depth
No. | Vol. | Price($) |
---|---|---|
3 | 36620 | 0.240 |
2 | 3863 | 0.235 |
1 | 3500 | 0.230 |
4 | 98686 | 0.220 |
1 | 2000 | 0.210 |
Price($) | Vol. | No. |
---|---|---|
0.250 | 33897 | 2 |
0.255 | 21162 | 1 |
0.270 | 2045 | 1 |
0.280 | 30319 | 2 |
0.285 | 107062 | 2 |
Last trade - 16.10pm 23/08/2024 (20 minute delay) ? |
MGT (ASX) Chart |
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