Thanks for the replies birchcorp and redbaron. very helpful.
dangar, there's little risk attached to an under-subscribed offer mainly because its very unlikely given its only $5M. However, in that unlikely event I would just sell the excess shares as you've pointed out. Wouldn't be proud of selling so quickly, but sometimes we have to get our hands dirty.
Then again, I over-purchased in another capital raise, but the price shot up and I'm still sitting on the excess shares and having a good time, so who knows.
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Last
18.5¢ |
Change
-0.005(2.63%) |
Mkt cap ! $427.4M |
Open | High | Low | Value | Volume |
19.0¢ | 19.0¢ | 18.0¢ | $1.431M | 7.750M |
Buyers (Bids)
No. | Vol. | Price($) |
---|---|---|
127 | 4457230 | 18.0¢ |
Sellers (Offers)
Price($) | Vol. | No. |
---|---|---|
18.5¢ | 735608 | 4 |
View Market Depth
No. | Vol. | Price($) |
---|---|---|
125 | 4341953 | 0.180 |
35 | 1711680 | 0.175 |
30 | 955700 | 0.170 |
14 | 830483 | 0.165 |
25 | 919172 | 0.160 |
Price($) | Vol. | No. |
---|---|---|
0.185 | 735608 | 4 |
0.190 | 2402597 | 18 |
0.195 | 1316188 | 21 |
0.200 | 1687699 | 38 |
0.205 | 1190001 | 21 |
Last trade - 16.10pm 13/05/2024 (20 minute delay) ? |
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Last
18.3¢ |
  |
Change
-0.005 ( 1.93 %) |
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Open | High | Low | Volume | ||
18.8¢ | 18.8¢ | 18.0¢ | 3244792 | ||
Last updated 15.59pm 13/05/2024 ? |
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ARU (ASX) Chart |
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MGU
MAGNUM MINING AND EXPLORATION LIMITED
Neil Goodman, MD
Neil Goodman
MD
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