My reading of this is that it is due to an over subscription from the original raise. It is either a good mate or part of someone who could be a much larger contributor in the future when needed. That said it is not a lot of funds to be raised with only 2 mill + options.
If it pushes price down I will be topping up. The smell that someone is in the know is getting stronger.
My reading of this is that it is due to an over subscription...
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Last
0.3¢ |
Change
0.001(20.0%) |
Mkt cap ! $18.59M | |||
| Open | High | Low | Value | Volume |
| 0.2¢ | 0.3¢ | 0.2¢ | $2.158K | 854.3K |
Buyers (Bids)
| No. | Vol. | Price($) |
|---|---|---|
| 10 | 10942088 | 0.2¢ |
Sellers (Offers)
| Price($) | Vol. | No. |
|---|---|---|
| 0.3¢ | 60661764 | 61 |
View Market Depth
| Last trade - 15.50pm 09/07/2024 (20 minute delay) ? |
| MTL (ASX) Chart |