Assuming ESE goes above the 27c it was at halt, and MMJ is buying in at 25c, why would the SP of MMJ go down in response to the value of one of it's assets going up? Not saying it won't happen, I just can't figure the logic behind it, but the ASX is no Vulvcan.
It's still all speculation, but if it just equates to MMJ taking a 3% stake during a capital raise, I don't think that means we're obliged to fund future R&D.
Ann: Trading Halt, page-56
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Last
4.3¢ |
Change
-0.001(2.27%) |
Mkt cap ! $9.043M | |||
| Open | High | Low | Value | Volume |
| 4.3¢ | 4.3¢ | 4.3¢ | $24.86K | 578.1K |
Buyers (Bids)
| No. | Vol. | Price($) |
|---|---|---|
| 2 | 1002500 | 4.0¢ |
Sellers (Offers)
| Price($) | Vol. | No. |
|---|---|---|
| 4.3¢ | 18978 | 2 |
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| Last trade - 15.03pm 09/07/2024 (20 minute delay) ? |
| HGV (ASX) Chart |