MLS 4.76% 2.0¢ metals australia ltd

isnt one of the requirements of the flow through shares that...

  1. 4,910 Posts.
    lightbulb Created with Sketch. 821
    isnt one of the requirements of the flow through shares that they have to be held for a certain period, normally 24 months? For the exact reason that they cannot be dumped on market. Also the raise was aprox 3.3 million after costs, the 1 million showing as a redundancy but when the money is spent it becomes a tax credit, either way the CEO is in Canada for a few weeks, wonder what for? Either piss up with mates or possible something else. I am not a fan of the raise, we had enough money, but it is done and i am positive it has made some people money, and not sharrholders. However we are now suitably funded for a full scale attack on Lac Rainy, if we can upgrade the resource by multiples and put together a attractive PFS, we could well be headed to the 100 million market cap the CEO requires. Again if they dont deliver then we are back to square one.
 
watchlist Created with Sketch. Add MLS (ASX) to my watchlist
(20min delay)
Last
2.0¢
Change
-0.001(4.76%)
Mkt cap ! $14.54M
Open High Low Value Volume
2.1¢ 2.1¢ 2.0¢ $9.817K 486.5K

Buyers (Bids)

No. Vol. Price($)
4 532783 2.0¢
 

Sellers (Offers)

Price($) Vol. No.
2.1¢ 689890 2
View Market Depth
Last trade - 16.10pm 06/09/2024 (20 minute delay) ?
MLS (ASX) Chart
arrow-down-2 Created with Sketch. arrow-down-2 Created with Sketch.