why would someone exercise their rights when they can just buy at the share at the 'discounted' rate on market? (MGT SP = .028 at the moment...)
this issue only made sense if SP held up around the .040 mark as it was the day before the right announcement (...mysteriously)
Ann: Renounceable Rights Issue to raise up to $15.8M, page-314
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Last
14.5¢ |
Change
0.000(0.00%) |
Mkt cap ! $16.72M | |||
| Open | High | Low | Value | Volume |
| 14.3¢ | 14.5¢ | 13.5¢ | $19.83K | 137.8K |
Buyers (Bids)
| No. | Vol. | Price($) |
|---|---|---|
| 1 | 23592 | 13.5¢ |
Sellers (Offers)
| Price($) | Vol. | No. |
|---|---|---|
| 14.5¢ | 76869 | 1 |
View Market Depth
| Last trade - 16.10pm 15/11/2024 (20 minute delay) ? |
| MGT (ASX) Chart |