MGT 0.00% 25.0¢ magnetite mines limited.

Ann: Renounceable Rights Issue Prospectus, page-15

  1. 401 Posts.
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    So is the consensus that after tomorrow we will drift back to the rasie price?? Really is a long time for pip traders to cash in on just jumping in for the offer with no guarantees as to whether there will be profit there at the end. Surely there will be plenty of retail traders that will sell after the ex-date makes sense to lock in profit while it is still there. If any on the forum would like to offer any sanity as to why we won't be back at 2.5 cents next week I am all ears.
 
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