Look below these statements:
"The rights issue was significantly oversubscribed and we welcome a number of new shareholders, including professional and (((institutional investors)))".
ammm yummy so the interest is developing. Needs more n more of you my dear institutions.
And
"An additional $300,000 will be placed to Mahe Capital (or their nominees) (the Lead Manager and Underwriter) (Placement) in lieu of the cash fees payable under the Underwriting Agreement"
Even Mahe capital want there fee payable in shares tells you the potential.
MGT is a little beauty. Lets run MGT
MGT share price, page-135
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 (20min delay)
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Last
31.5¢ |
Change
0.045(16.7%) |
Mkt cap ! $31.00M | |||
| Open | High | Low | Value | Volume |
| 27.5¢ | 31.5¢ | 27.0¢ | $149.6K | 518.9K |
Buyers (Bids)
| No. | Vol. | Price($) |
|---|---|---|
| 2 | 5000 | 30.0¢ |
Sellers (Offers)
| Price($) | Vol. | No. |
|---|---|---|
| 31.5¢ | 33790 | 2 |
View Market Depth
| Last trade - 16.10pm 03/05/2024 (20 minute delay) ? |
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Last
31.5¢ |
Change
0.045 ( 18.9 %) |
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| Open | High | Low | Volume | ||
| 27.5¢ | 31.5¢ | 27.5¢ | 45119 | ||
| Last updated 15.56pm 03/05/2024 ? | |||||
| MGT (ASX) Chart |