Good to disagree , and have healthy, respectful discussion about SP.
MXC is now only trading at 20% post CR some 14 days after CR and reached a low of 6.9c , 6% above CR price. It was also well over subscribed.
If the other posters are correct and the CR price is to be 5.5c , depending on the number of shares placed, I can see the SP trading at sub 6c , even down to the CR price of 5.5c . If the number of shares placed is very large, I can see the SP trading below the CR price for a short term, because of the dilution effect. I also think this is a great entry , or re-entry point as I also believe the SP will steadily gain traction and slowly increase over the following weeks. The COD before TH was 6.8c down some 12% from intraday high , so profit takers were already selling down .
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Last
37.0¢ |
Change
0.015(4.23%) |
Mkt cap ! $669.7M |
Open | High | Low | Value | Volume |
36.0¢ | 37.5¢ | 35.5¢ | $1.465M | 4.001M |
Buyers (Bids)
No. | Vol. | Price($) |
---|---|---|
5 | 186321 | 36.0¢ |
Sellers (Offers)
Price($) | Vol. | No. |
---|---|---|
37.5¢ | 561591 | 7 |
View Market Depth
No. | Vol. | Price($) |
---|---|---|
5 | 186321 | 0.360 |
1 | 76385 | 0.355 |
3 | 79000 | 0.350 |
3 | 610000 | 0.345 |
5 | 53979 | 0.340 |
Price($) | Vol. | No. |
---|---|---|
0.375 | 561591 | 7 |
0.380 | 558186 | 12 |
0.385 | 145526 | 6 |
0.390 | 330104 | 16 |
0.395 | 345620 | 8 |
Last trade - 16.10pm 14/08/2024 (20 minute delay) ? |
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