We need to wait and see what the capital raise offer is before jumping to conclusions.
A looming CR has been the only stain on MRQ these past few announcements. It's halted growth. So why not potentially raise at 0.9c, 1c, or maybe even at a small premium, and have good news to follow. If these additional shares end up in the right hands, they won't be going anywhere for a long time.
I'd rather a capital raise now, and then use the next few months worth of announcements to actually steadily grow the share price- and not just some day traders pockets hoping for a quick pump and dump.
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Open | High | Low | Value | Volume |
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Buyers (Bids)
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---|---|---|
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Price($) | Vol. | No. |
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No. | Vol. | Price($) |
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25 | 26137752 | 0.002 |
32 | 81274280 | 0.001 |
0 | 0 | 0.000 |
0 | 0 | 0.000 |
Price($) | Vol. | No. |
---|---|---|
0.004 | 11268017 | 8 |
0.005 | 36442083 | 14 |
0.006 | 16639477 | 16 |
0.007 | 8874002 | 12 |
0.008 | 6843095 | 8 |
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