Hi Chuk, agree that IDC loan CPs are not unusual, we would need all that extra money anyway between now and when we start receiving income, in fact I suggested in earlier posts I expected IDC not to approve the loan till we could prove we could finance the remainder - a CP is the same thing.
I don't follow A4N and I don't generally read posts that are replies to trolls so I may have missed some of your other points.
As I said, I think MNB has a lot going for it and will eventually be very successful, but I'm sorry whichever way you look at the latest cap raise - it was crap. Obviously these last minute investors & Shanghai Jason pulling out upset the apple cart, the initial $10m over subscribed placement at 7c with no free option was acceptable.
When you say it was just a 23% discount - IMO that is very misleading.
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Hi Chuk, agree that IDC loan CPs are not unusual, we would need...
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Last
6.8¢ |
Change
0.001(1.49%) |
Mkt cap ! $59.74M |
Open | High | Low | Value | Volume |
6.8¢ | 7.1¢ | 6.7¢ | $127.4K | 1.848M |
Buyers (Bids)
No. | Vol. | Price($) |
---|---|---|
1 | 196411 | 6.7¢ |
Sellers (Offers)
Price($) | Vol. | No. |
---|---|---|
6.8¢ | 10574 | 1 |
View Market Depth
No. | Vol. | Price($) |
---|---|---|
1 | 196411 | 0.067 |
1 | 100000 | 0.066 |
2 | 35000 | 0.065 |
1 | 123600 | 0.064 |
4 | 88970 | 0.063 |
Price($) | Vol. | No. |
---|---|---|
0.069 | 91441 | 1 |
0.070 | 222937 | 5 |
0.071 | 248003 | 2 |
0.072 | 114456 | 2 |
0.073 | 91000 | 1 |
Last trade - 11.54am 30/07/2024 (20 minute delay) ? |
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