I expect share price to drop.
Usually with cap raising, people are skeptical. Also, because of this interest from this investor, other ''strategic investors'' will also look into this and see if they can have a piece of the pie.
Expect games, bots, downers, shorts and all sorts of things coming up.
I will be going kayaking if it turns ugly (no funds to top up) and come back when the dust settles. No one's getting my parcel; can even take that off the SOI.
capital raise, page-50
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Last
16.5¢ |
Change
-0.005(2.94%) |
Mkt cap ! $19.03M | |||
| Open | High | Low | Value | Volume |
| 17.5¢ | 18.0¢ | 16.5¢ | $34.89K | 201.3K |
Buyers (Bids)
| No. | Vol. | Price($) |
|---|---|---|
| 1 | 300000 | 17.0¢ |
Sellers (Offers)
| Price($) | Vol. | No. |
|---|---|---|
| 17.5¢ | 91000 | 1 |
View Market Depth
| Last trade - 14.03pm 16/10/2024 (20 minute delay) ? |
| MGT (ASX) Chart |