MGO marengo mining limited

cap raise buyers must be thrilled

  1. 1,137 Posts.
    The buyers in the recent capital raised must be thrilled. Buying up big at .25 cents only to see the sp drop to 21.5 before their shares even hit the market. If this slide continues, from 29 cents so far, any lift in the share price upon resource upgrade is unlikely to take it back to where it was per capital raise. How low is thing going to go before the capital raise is finalised and the resource upgrade announced,
 
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Currently unlisted public company.

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