For gods sake guys - get a grip.
The offer document is outlining the maximum amount of shares that could be issued if every shareholder took out the $30k allocation.
The company do not want, or need $10 million or $13 million. They need $1 million to kep the lights on while they see the deal finalized and then they should be receiving $150 million++++++.
The rights issue will be scaled back to a bare minimum - im not even going to bother subscribing.
Many here need to get a grip. Gino is doing a magnificent job for us.
Ann: Proposed issue of securities - MTC, page-6
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16.5¢ |
Change
-0.010(5.71%) |
Mkt cap ! $34.45M | |||
| Open | High | Low | Value | Volume |
| 16.5¢ | 16.5¢ | 16.5¢ | $5.097K | 30.89K |
Buyers (Bids)
| No. | Vol. | Price($) |
|---|---|---|
| 2 | 51268 | 16.5¢ |
Sellers (Offers)
| Price($) | Vol. | No. |
|---|---|---|
| 17.0¢ | 26500 | 2 |
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