M4M 10.5% 2.1¢ macro metals limited

I really like this

  1. 3,958 Posts.
    lightbulb Created with Sketch. 492
    Hi everyone

    I really like this move by the company.

    So we pay 1c for an option that has a 10c exercise price and an expiry that is 2.5 years away.

    I like it alot.

    I like it because the $1.3m will give the company more time to structure the right funding for the DFS
    I like it because its not a discounted equity raise like the last one
    I like it because the 1c initial purchase isnt too onerous for holders
    I like it because there is director participation
    I like it because by the end of 2021 it will bring in $13m in cash into the company

    Good stuff KFE team
    Last edited by livas1: 29/05/19
 
watchlist Created with Sketch. Add M4M (ASX) to my watchlist
(20min delay)
Last
2.1¢
Change
0.002(10.5%)
Mkt cap ! $64.64M
Open High Low Value Volume
1.9¢ 2.1¢ 1.9¢ $289.0K 14.27M

Buyers (Bids)

No. Vol. Price($)
10 5478215 2.0¢
 

Sellers (Offers)

Price($) Vol. No.
2.1¢ 2194084 4
View Market Depth
Last trade - 16.10pm 06/05/2024 (20 minute delay) ?
Last
2.0¢
  Change
0.002 ( 2.56 %)
Open High Low Volume
2.0¢ 2.0¢ 1.9¢ 9724443
Last updated 15.09pm 06/05/2024 ?
M4M (ASX) Chart
arrow-down-2 Created with Sketch. arrow-down-2 Created with Sketch.