"its probably bell potter and other shareholders immediately liquidating all the shares they got for $1."
sorry my mistake, misread the announcement. Issue has not happened yet.
Maybe the market perceives added risk to the company seeing as they are doing this issue at such a drastic discount (55%).
Hard to see why it should drop all the way to $1 though.
- Forums
- ASX - By Stock
- anybody care to elaborate
MCP
mcpherson's limited
Add to My Watchlist
3.23%
!
30.0¢

"its probably bell potter and other shareholders immediately...
Featured News
Add to My Watchlist
What is My Watchlist?
A personalised tool to help users track selected stocks. Delivering real-time notifications on price updates, announcements, and performance stats on each to help make informed investment decisions.
|
|||||
Last
30.0¢ |
Change
-0.010(3.23%) |
Mkt cap ! $43.18M |
Open | High | Low | Value | Volume |
30.0¢ | 30.0¢ | 30.0¢ | $3.933K | 13.10K |
Buyers (Bids)
No. | Vol. | Price($) |
---|---|---|
1 | 1891 | 30.0¢ |
Sellers (Offers)
Price($) | Vol. | No. |
---|---|---|
31.0¢ | 38714 | 1 |
View Market Depth
No. | Vol. | Price($) |
---|---|---|
1 | 1891 | 0.300 |
2 | 107000 | 0.295 |
5 | 114298 | 0.290 |
5 | 25389 | 0.280 |
2 | 6777 | 0.275 |
Price($) | Vol. | No. |
---|---|---|
0.310 | 38714 | 1 |
0.315 | 2745 | 1 |
0.330 | 45425 | 2 |
0.335 | 8470 | 1 |
0.340 | 15106 | 1 |
Last trade - 12.39pm 04/08/2025 (20 minute delay) ? |
Featured News
MCP (ASX) Chart |
The Watchlist
RC1
REDCASTLE RESOURCES LIMITED
Ron Miller, Non-Executive Director
Ron Miller
Non-Executive Director
Previous Video
Next Video
SPONSORED BY The Market Online