They will definitely want/have to raise again soon, at a much higher price. They could have issued shares at 0.001 like AMD did and dilute the bejesus out of shareholders but instead chose a minimal raise at 0.002 to insiders. That speaks a lot. Many smart operators are jumping on iron ore train and China is looking like it's slowly getting out of a deep bottom, so I think the odds are in my favour.
Ann: Placement, Board Change, Acquisition of Exploration Licences, page-25
-
- There are more pages in this discussion • 32 more messages in this thread...
You’re viewing a single post only. To view the entire thread just sign in or Join Now (FREE)
Add M4M (ASX) to my watchlist
 (20min delay)
|
|||||
|
Last
2.7¢ |
Change
-0.004(12.9%) |
Mkt cap ! $97.15M | |||
| Open | High | Low | Value | Volume |
| 3.1¢ | 3.1¢ | 2.7¢ | $332.5K | 11.36M |
Buyers (Bids)
| No. | Vol. | Price($) |
|---|---|---|
| 5 | 813525 | 2.7¢ |
Sellers (Offers)
| Price($) | Vol. | No. |
|---|---|---|
| 2.9¢ | 200000 | 1 |
View Market Depth
| Last trade - 16.10pm 31/07/2024 (20 minute delay) ? |
| M4M (ASX) Chart |