Rarely do companies keep good news a secret.
my bet, they took an extended holiday, they will do a cap raise for a tiny amount due to the tight capital market and the dismal share price. It'll be a entitlement offer at a heavy discount to 'reward faithful shareholders'. The share price will immediately fall to the discounted offer price, it'll only get partially filled then some company will underwrite it and take the rest, then sell into every bit of news from then until the next cap raise.
directors have done their very best to turn an incredibly sort after package of land into a complete dog stock.
Rarely do companies keep good news a secret.my bet, they took an...
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Last
10.5¢ |
Change
-0.005(4.55%) |
Mkt cap ! $40.07M | |||
| Open | High | Low | Value | Volume |
| 10.5¢ | 10.5¢ | 10.0¢ | $22.63K | 222.7K |
Buyers (Bids)
| No. | Vol. | Price($) |
|---|---|---|
| 2 | 196490 | 10.0¢ |
Sellers (Offers)
| Price($) | Vol. | No. |
|---|---|---|
| 10.5¢ | 19847 | 3 |
View Market Depth
| Last trade - 16.10pm 03/05/2024 (20 minute delay) ? |
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Last
10.5¢ |
Change
-0.005 ( 0.00 %) |
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| Open | High | Low | Volume | ||
| 10.0¢ | 10.5¢ | 10.0¢ | 66608 | ||
| Last updated 15.13pm 03/05/2024 ? | |||||
| MAG (ASX) Chart |