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Ann: US$14m Loan Facility Approved & Firm Bids for Placement, page-235

  1. chuk
    14,073 Posts.
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    18/04/24
    10:38
    Post #: 73402807
    We had a 7c cr with a free option that has a strike price of 7c. IMO that option will be worth around 2c with the sp around 7c. So cr participants can sell at 6c and still come out in front. Selling much below 6c defeats the purpose of participating in the cr if the motive was a reasonable quick profit.
    Yes Merch, I am currently buying at 6.1c.

    MNB Price at posting: 6.1¢ Sentiment: Buy Disclosure: Held
    Likes Created with Sketch. 5  Upvote
    lightbulb Created with Sketch.  Great analysis
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6.5¢ 		Change
-0.001(1.52%) 		Mkt cap ! $57.11M
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6.7¢ 6.7¢ 6.5¢ $8.048K 123.4K

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No. Vol. Price($)
3 78153 6.5¢
 

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Price($) Vol. No.
6.7¢ 40000 2
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