So, with only two quarters of funds remaining the question becomes do they do a raise this month before results or wait until afterwards?
Most brokers wouldn't be interested unless there was pending news they could sell into.
If MAG waits until the results and they are sh!te, then expect a cap raise at a significantly lower price than now.
So, with only two quarters of funds remaining the question...
Add MAG (ASX) to my watchlist
 (20min delay)
|
|||||
|
Last
9.5¢ |
Change
-0.002(2.06%) |
Mkt cap ! $36.25M | |||
| Open | High | Low | Value | Volume |
| 9.7¢ | 9.7¢ | 8.6¢ | $76.40K | 833.2K |
Buyers (Bids)
| No. | Vol. | Price($) |
|---|---|---|
| 1 | 10000 | 8.9¢ |
Sellers (Offers)
| Price($) | Vol. | No. |
|---|---|---|
| 9.5¢ | 89999 | 2 |
View Market Depth
| Last trade - 16.10pm 23/05/2024 (20 minute delay) ? |
|
|||||
|
Last
9.5¢ |
Change
-0.002 ( 2.06 %) |
||||
| Open | High | Low | Volume | ||
| 9.7¢ | 9.7¢ | 8.7¢ | 268245 | ||
| Last updated 15.06pm 23/05/2024 ? | |||||
| MAG (ASX) Chart |