Based on shareholder sentiment I think the 1 M target would have got smashed out of the park within the first few days of opening. Wasn’t until tail end second week ( extended period ) that price dropped.
Think $$$ beyond the 1M just gives them the leverage / comfort they wanted while negotiating to create the best possible outcome for shareholders.
Struggle to see how this can end badly, but that’s just my opinion !
Yes communication would be welcome !
Based on shareholder sentiment I think the 1 M target would have...
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Last
22.0¢ |
Change
0.010(4.76%) |
Mkt cap ! $43.25M | |||
| Open | High | Low | Value | Volume |
| 22.0¢ | 22.0¢ | 21.5¢ | $43.76K | 201.6K |
Buyers (Bids)
| No. | Vol. | Price($) |
|---|---|---|
| 2 | 45793 | 21.5¢ |
Sellers (Offers)
| Price($) | Vol. | No. |
|---|---|---|
| 22.0¢ | 30795 | 1 |
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| Last trade - 15.42pm 31/07/2024 (20 minute delay) ? |
| MTC (ASX) Chart |