I have the odd conspiracy theory Zig. It does seem very strange - the rot set in as we moved closer to the option date and I think it was fairly clear that there mas some machinations going on to stop the SP getting to the required value. Whatever the reason for that is, it was certainly not fair to shareholders. I have a sneaking suspicion - and nothing to back that up that will prove anything - we could be looking at some attempt at a take over towards the end of the year. It would make sense if those involved wanted the shares to be less and that the price remained under control. If the SP had gone up to a point where the options were exercised, then MXC would have been essentially cashed up and the price for MXC much higher. Just throwing some points together.
As you said, how many great announcements do you need to move the SP?
On another point, the BOD can't move the share price - they tried doing that with all the positive announcements and look how successful that was.
- Forums
- ASX - By Stock
- RGT
- Ann: MXC 100 Patient Milestone in Aus, Onboards Tetra Health
Ann: MXC 100 Patient Milestone in Aus, Onboards Tetra Health, page-36
-
- There are more pages in this discussion • 9 more messages in this thread...
You’re viewing a single post only. To view the entire thread just sign in or Join Now (FREE)
Featured News
Add RGT (ASX) to my watchlist
|
|||||
Last
32.5¢ |
Change
-0.035(9.72%) |
Mkt cap ! $15.73M |
Open | High | Low | Value | Volume |
33.0¢ | 33.0¢ | 32.0¢ | $12.54K | 38.03K |
Buyers (Bids)
No. | Vol. | Price($) |
---|---|---|
1 | 1666 | 30.0¢ |
Sellers (Offers)
Price($) | Vol. | No. |
---|---|---|
36.5¢ | 100 | 1 |
View Market Depth
No. | Vol. | Price($) |
---|---|---|
1 | 84 | 0.325 |
1 | 8672 | 0.320 |
1 | 10000 | 0.305 |
3 | 19208 | 0.300 |
1 | 10000 | 0.295 |
Price($) | Vol. | No. |
---|---|---|
0.300 | 85 | 1 |
0.360 | 1893 | 2 |
0.365 | 100 | 1 |
0.370 | 2000 | 1 |
0.395 | 8746 | 1 |
Last trade - 15.52pm 10/09/2024 (20 minute delay) ? |
Featured News
RGT (ASX) Chart |