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Well the race is on........ give us the News Lindsay

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roryboy

582 Posts.

70

19/05/23

09:16

Post #: 67856674
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Originally posted by chuk: ↑

An ability to raise and a need to raise are two different things. The ability to raise doesn't affect a sp. A need to raise might. Mnb said in its quarterly that they are in discussions to raise the remaining US$30mill through non equity means.
The need to raise does not appear to exist nor should the market be expecting it. If some in the market do expect it and the company announces the non equity funding, then that would probably mean more upside on that news.
Besides that, I'd be much more comfortable with a company that has the ability to raise if they need it than a company that can't raise funds when needed.

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Well the race is on........ give us the News Lindsay

MNB Price at posting: 13.0¢ Sentiment: Hold Disclosure: Held
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0 Great analysis

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(20min delay)
Last 5.6¢		Change 0.001(1.82%)		Mkt cap ! $48.44M

Open	High	Low	Value	Volume
5.5¢	5.8¢	5.5¢	$40.07K	710.6K

Buyers (Bids)

No.	Vol.	Price($)
2	55132	5.6¢

Sellers (Offers)

Price($)	Vol.	No.
5.8¢	173329	3

View Market Depth

No.	Vol.	Price($)
1	12500	0.058
2	55132	0.056
2	108051	0.055
2	118518	0.054
3	90000	0.053

Price($)	Vol.	No.
0.056	11686	1
0.058	173329	3
0.059	301000	2
0.060	1091000	3
0.061	115780	1

Last trade - 15.33pm 16/05/2024 (20 minute delay)


Last 5.6¢			Change 0.001 ( 1.82 %)
Open	High		Low	Volume
5.5¢	5.8¢		5.5¢	162153
Last updated 15.33pm 16/05/2024 ?

MNB (ASX) Chart