M4M 4.00% 2.4¢ macro metals limited

I see no-one has answered you.... I don't normally post, but...

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  1. 16 Posts.
    I see no-one has answered you.... I don't normally post, but will do here, with my understanding.
    Bergen are not KFE's largest shareholder, they are a financial institution supplying short term finance to KFE for their immediate cash needs. In return for cash, they receive a monthly issue of shares, which they can trade on ASX under certain conditions. If traded they cause some dilution to existing shareholders. Over past months they have traded their shares to turn a profit, that's their business model here. It appears that they are currently not selling, but I don't have access to the trade details. Good luck! Cheers, Billy
 
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Last
2.4¢
Change
-0.001(4.00%)
Mkt cap ! $86.95M
Open High Low Value Volume
2.5¢ 2.5¢ 2.3¢ $136.0K 5.782M

Buyers (Bids)

No. Vol. Price($)
1 590857 2.4¢
 

Sellers (Offers)

Price($) Vol. No.
2.5¢ 1776615 5
View Market Depth
Last trade - 16.10pm 07/10/2024 (20 minute delay) ?
M4M (ASX) Chart
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