Hey Asteroider, sorry but I don't understand your reasoning here. The funds to be refunded to shareholders by MKG from oversubscription were never being relied upon by the company as a source of capital, so I fail to see how this could possibly trigger another capital raising in the next 2 months? Also if shareholders sold significant holdings in order to apply for new stock, but to only end up with say $500 worth of stock, wouldn't that mean any recent selling pressure would now be replaced by buying pressure as shareholders who sold down may act to reinstate their original holdings?
Ann: New Areas at Napie with Very High Grade Rock Chip Results, page-82
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1.0¢ |
Change
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Mkt cap ! $8.784M | |||
| Open | High | Low | Value | Volume |
| 1.0¢ | 1.0¢ | 0.9¢ | $12.39K | 1.243M |
Buyers (Bids)
| No. | Vol. | Price($) |
|---|---|---|
| 5 | 1188963 | 0.9¢ |
Sellers (Offers)
| Price($) | Vol. | No. |
|---|---|---|
| 1.0¢ | 977080 | 5 |
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