Australia's largest stock trading and investment forum Australia's #1 stock forum

MZZ

Click for more information

0.00%

7.4¢ matador mining limited

Very confusing but may just be the 21.4 million shares @ 40...

First 26 Last

Share
Profile

Follow
btown

561 Posts.

79

04/07/20

12:55

Post #: 45642557
Share

Originally posted by Lurcher.A: ↑

I'm still kinda confused about this - I'm assuming the 21.4 million shares offered by Shaw & Partners at starting at 28c are the same as the Canadian flow-through placement parcel of 21.4 million shares already completed at 40.6c? Or are there 2 lots of 21.4 million shares? @btown clarified what Flow-Through shares are for a Canadian resources company, it seems this is the same for an Aussie company?
That latter seems improbable and would be a considerable dilution of our shareholdings. Though tbh, I think I'd be happy if it was an extra 42.8 million shares issued if it allowed substantial exploration along that skinny 100(?)km tail to the main area.

Expand

Very confusing but may just be the 21.4 million shares @ 40 cents, id say a North American company only wanted the flow through shares for the tax deduction, broker is now selling off these shares in a block trade @ 28 cents.

MZZ Price at posting: 31.5¢ Sentiment: Buy Disclosure: Held
2 Upvote

0 Great analysis

Reply

There are more pages in this discussion • 3 more messages in this thread...

First 26 Last

Add MZZ (ASX) to my watchlist

(20min delay)
Last 7.4¢		Change 0.000(0.00%)		Mkt cap ! $38.82M

Open	High	Low	Value	Volume
7.4¢	7.4¢	7.4¢	$944	12.75K

Buyers (Bids)

No.	Vol.	Price($)
1	35000	7.5¢

Sellers (Offers)

Price($)	Vol.	No.
7.7¢	97737	3

View Market Depth

No.	Vol.	Price($)
1	35000	0.075
4	5762	0.074
1	95960	0.073
2	252000	0.072
2	330000	0.071

Price($)	Vol.	No.
0.077	97737	3
0.078	38066	1
0.079	21941	1
0.080	141000	1
0.081	99999	1

Last trade - 11.15am 22/05/2024 (20 minute delay)

MZZ (ASX) Chart

SPONSORED BY