From the latest asx update:
”Magnum has received interest from institutional investors seeking investment in Magnum including proposals for debt and equity facility of $10M to $20M, to be used on an as needs basis to accelerate project development or for short term funding.The Magnum board is reviewing the proposals and the process is still early stage and requires further consultation and negotiation with the relevant parties. Magnum will only accept an offer if the proposal has a low cost of capital and minimum dilution to existing shareholders to fast-track development plans and achieve strong early cash flow faster.”
Ann: Magnum DSO Progress Update, page-53
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Last
1.6¢ |
Change
0.003(23.1%) |
Mkt cap ! $12.94M | |||
| Open | High | Low | Value | Volume |
| 1.3¢ | 1.6¢ | 1.3¢ | $30.06K | 1.997M |
Buyers (Bids)
| No. | Vol. | Price($) |
|---|---|---|
| 1 | 100000 | 1.4¢ |
Sellers (Offers)
| Price($) | Vol. | No. |
|---|---|---|
| 1.6¢ | 2089565 | 6 |
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| MGU (ASX) Chart |