This is a very illiquid stock. It'd be impossible for those taking part in the capital raising to be able to flip their shares for a profit unless there's a positive announcement that causes the share price to spike on large trading volumes. I imagine the company doesn't want to burn those taking part in the capital raising because it'll make the next raising much harder. I wouldn't be surprised if we do get a positive announcement regarding drilling if the near future.
Ann: Trading Halt, page-10
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Last
16.5¢ |
Change
0.005(3.13%) |
Mkt cap ! $16.61M | |||
| Open | High | Low | Value | Volume |
| 16.5¢ | 16.5¢ | 16.0¢ | $37.28K | 226.1K |
Buyers (Bids)
| No. | Vol. | Price($) |
|---|---|---|
| 1 | 1733 | 16.0¢ |
Sellers (Offers)
| Price($) | Vol. | No. |
|---|---|---|
| 16.5¢ | 61750 | 1 |
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| Last trade - 14.48pm 08/10/2024 (20 minute delay) ? |
| MHK (ASX) Chart |