MGT 14.0% 27.0¢ magnetite mines limited.

Hi yeejoon, if you read the Prospectus, you can apply for more...

  1. 120 Posts.
    lightbulb Created with Sketch. 171
    Hi yeejoon, if you read the Prospectus, you can apply for more shares but only the Shortfall shares. Any shares that people dont buy through their rights fall into this Shortfall category. This is up to the Underwriter to make a decision whether to release the shares or not to you.
    Read the Prospectus to confirm this but I believe you can put more money through Bpay and this extra money is your application for the shortfall shares. If you dont get it they will refund the money. This is in Chapter 2 of the Prospectus, dont just take my word for it
 
watchlist Created with Sketch. Add MGT (ASX) to my watchlist
(20min delay)
Last
27.0¢
Change
-0.044(14.0%)
Mkt cap ! $26.57M
Open High Low Value Volume
31.0¢ 31.0¢ 27.0¢ $84.40K 295.3K

Buyers (Bids)

No. Vol. Price($)
2 1199 27.0¢
 

Sellers (Offers)

Price($) Vol. No.
27.5¢ 19396 1
View Market Depth
Last trade - 15.41pm 24/06/2024 (20 minute delay) ?
MGT (ASX) Chart
arrow-down-2 Created with Sketch. arrow-down-2 Created with Sketch.