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?
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Hey Asteroider, sorry but I don't understand your reasoning...
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Mkt cap ! $8.784M |
Open | High | Low | Value | Volume |
0.9¢ | 0.9¢ | 0.9¢ | $7 | 736 |
Buyers (Bids)
No. | Vol. | Price($) |
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4 | 1395914 | 0.9¢ |
Sellers (Offers)
Price($) | Vol. | No. |
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1.0¢ | 2028368 | 6 |
View Market Depth
No. | Vol. | Price($) |
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4 | 1395914 | 0.009 |
20 | 3194269 | 0.008 |
6 | 1368500 | 0.007 |
5 | 1193450 | 0.006 |
1 | 200000 | 0.005 |
Price($) | Vol. | No. |
---|---|---|
0.010 | 2028368 | 6 |
0.011 | 377800 | 2 |
0.012 | 499833 | 5 |
0.013 | 3104980 | 11 |
0.014 | 2981096 | 7 |
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