MGU 0.00% 1.5¢ magnum mining and exploration limited

Ann: Trading Halt, page-22

  1. 3,904 Posts.
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    Na never heard mate , we will know Monday i guess .
    Im a bit confused in the timing though , why raise now so cheap ? why not wait on the study and release then when the price should be higher if the study is as good as we think it will be ?
    Are they not confident that future announcements wont push the stock higher for a raise on better terms or even get the options in the money ?
    Is it not in the best interest of shareholders to raise at higher prices ? , unless theres more to the raise that we do not know .
 
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