My sentiment exactly... I think the market is accepting that the conversion of bonds is to larger long term holders... remember that this was 11c only a few weeks ago, before the 1 billion extra shares.
Just imagine, if MK can convert all the bonds and the sp stays around current levels then market cap will be well in excess of that required to get into ASX 200, and debt will be slashed.
Bullish signs..., page-49
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Last
$7.78 |
Change
0.180(2.37%) |
Mkt cap ! $7.272B | |||
| Open | High | Low | Value | Volume |
| $7.45 | $7.92 | $7.41 | $46.84M | 6.050M |
Buyers (Bids)
| No. | Vol. | Price($) |
|---|---|---|
| 1 | 1000 | $7.75 |
Sellers (Offers)
| Price($) | Vol. | No. |
|---|---|---|
| $7.81 | 77676 | 2 |
View Market Depth
| Last trade - 16.10pm 01/11/2024 (20 minute delay) ? |
| LYC (ASX) Chart |