MBK 0.00% 1.8¢ metal bank limited

Ann: Entitlement Offer Closes Oversubscribed Raising $10.1M, page-16

ANNOUNCEMENT SPONSORED BY PLUS500
ANNOUNCEMENT SPONSORED BY PLUS500
CFD TRADING PLATFORM
CFD Service. Your Capital is at risk
CFD TRADING PLATFORM CFD Service. Your Capital is at risk
ANNOUNCEMENT SPONSORED BY PLUS500
CFD TRADING PLATFORM CFD Service. Your Capital is at risk
  1. 1,409 Posts.
    lightbulb Created with Sketch. 993
    Hopefully this won't last for long. If you are right then they've paid .8c for the new shares and attached options, they are now selling for .07c so taking a loss straight away. They could sell the options (currently about .2c) so whoop-dee-do, they made .1c on the deal. I think most investors are looking to make a bit more than that. IMO once they have sold up and moved on the SP should settle a little higher and then we wait for one of the projects to give us some good news, at least that's why I'm here.
 
watchlist Created with Sketch. Add MBK (ASX) to my watchlist
arrow-down-2 Created with Sketch. arrow-down-2 Created with Sketch.