(Posted by others) mgt will announce a cap raise likely tomorrow for approx $7m
the good news holders is the placement will be HIGHER than current share price.......
Any cap raise is dilution how could it not be, also how do you work out it will be HIGHER ? that doesn't add up.
MGT Chart 2021, page-247
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Last
24.5¢ |
Change
-0.005(2.00%) |
Mkt cap ! $25.07M | |||
| Open | High | Low | Value | Volume |
| 25.5¢ | 25.5¢ | 24.5¢ | $29.38K | 117.9K |
Buyers (Bids)
| No. | Vol. | Price($) |
|---|---|---|
| 3 | 36620 | 24.0¢ |
Sellers (Offers)
| Price($) | Vol. | No. |
|---|---|---|
| 25.0¢ | 33897 | 2 |
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| Last trade - 16.10pm 23/08/2024 (20 minute delay) ? |
| MGT (ASX) Chart |