sorry been without internet last few days...
what a terrible predicament!
Ace i agree re Sheed...... cracker player, he is back this week so expect to see him in an eagles jumper within a month i guess....
anyway, about this underwriting.
Initially i was quite shocked/amazed as to me it seems like an extraordinary risk to take in underwriting these oppies at 2.1 cents when lets be honest, if this first hole is a fizzer we will most likely be about 1.1 cent, and you will most likely be able to buy 93 million shares at those levels all day long lol but i believe very strongly that there is something there to be found and it seems there are others that think the same?
the 3 cent oppies may be a concern to some but i understand there has to be some incentive to stump up the 1.9 million right now so imo this is an extraordinary coup by the directors of mrd...
really really pleasing.
Ann: Exercise of Unlisted Options Fully Underwritten-MRD.AX, page-11
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Last
0.1¢ |
Change
0.000(0.00%) |
Mkt cap ! $7.784M | |||
| Open | High | Low | Value | Volume |
| 0.1¢ | 0.1¢ | 0.1¢ | $4.98K | 4.98M |
Buyers (Bids)
| No. | Vol. | Price($) |
|---|---|---|
| 8 | 13623214 | 0.1¢ |
Sellers (Offers)
| Price($) | Vol. | No. |
|---|---|---|
| 0.2¢ | 189331592 | 100 |
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| Last trade - 12.32pm 05/07/2024 (20 minute delay) ? |
| MRD (ASX) Chart |