MTC
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0.00% 13.0¢ metalstech limited

Scaleback reality to raise only $1 million:There are 100...

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  1. LoveGod
    1,009 Posts.
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    08/05/24
    10:29
    Post #: 73720180
    Scaleback reality to raise only $1 million:

    There are 100 Shareholders with 100,000 shares or more.

    To raise $1 million would only give them an allocation of just $10,000 worth each in this SPP.

    If only half of the total 2,106 different shareholders applied, the scaleback would be only $952 worth each. what.png

    Be Carefull selling at 27c thinking you will get $30,000 worth back in the SPP to cover your position.


    https://hotcopper.com.au/data/attachments/6155/6155193-79127877c36685cf717ef61f59f7bd95.jpg

    MTC Price at posting: 27.0¢ Sentiment: Buy Disclosure: Held
    Likes Created with Sketch. 1  Upvote
    lightbulb Created with Sketch.  Great analysis
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