"There was nothing at all unusual about Mnb having to do its cr at a 23% discount, nothing unusual about the sp slipping below the cr price three days after relisting and it certainly wasn't breaking any records that I know of or that would matter."
That's a disingenous statement. As you know, offering oppies (already in the money) on a one-for-one basis, is very unusual and the sort of offer typically only made by distressed companie on the brink of insolvency (and to be fair, Minbos was teetering on the brink of insolvency when it offered that raise).
"There was nothing at all unusual about Mnb having to do its cr...
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Last
5.4¢ |
Change
0.000(0.00%) |
Mkt cap ! $46.71M | |||
| Open | High | Low | Value | Volume |
| 5.6¢ | 5.6¢ | 5.4¢ | $35.15K | 636.4K |
Buyers (Bids)
| No. | Vol. | Price($) |
|---|---|---|
| 3 | 454296 | 5.4¢ |
Sellers (Offers)
| Price($) | Vol. | No. |
|---|---|---|
| 5.6¢ | 228952 | 3 |
View Market Depth
| Last trade - 15.06pm 07/05/2024 (20 minute delay) ? |
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Last
5.5¢ |
Change
0.000 ( 0.00 %) |
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| Open | High | Low | Volume | ||
| 5.6¢ | 5.6¢ | 5.5¢ | 80835 | ||
| Last updated 15.47pm 07/05/2024 ? | |||||
| MNB (ASX) Chart |