MUL multiemedia limited

forgive me if i am wrong but i reckon some shares got placed and...

  1. 8,389 Posts.
    lightbulb Created with Sketch. 1
    forgive me if i am wrong but i reckon some shares got placed and have not been acocutned for??? The quoted amount they raised is out by about $150K to what the issued shares @1.5c is worth. So that means, they either placed the shares as quoted higher than the rights issue price of 1.5 (as you have already pointed out ...). But who would payu more than the issue price? The other scenario is that they placed some shares (roughly $250K worth) and have not accounted for them in the 3B. Hmmmm.

    Anyway that dump was one holder and there is more to come i reckon. Here comes 1c. What do the charts say?
 
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