MGT 8.00% 40.5¢ magnetite mines limited.

MGT share price, page-78

  1. 3,687 Posts.
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    Stocki

    What I'm saying is it is extremely important that we bank the $5.65m plus, we are seeking under the current cap raise, to enable the Company to move forward with some confidence, especially as we shareholders have heard nothing as to how our J/V partner is going with its own $5m cap raise......all the funds sought being part of the PFS cost etc.

    Even though $4m of the $5.65m is underwritten by the broker, IMO, if for some reason shareholders do not fully support the cap raise and there was to be a shortfall then the broker would be left holding the baby for the amount of the shortfall and there would likely be an overhang of shares as the broker recoups its portion of that amount - simple as that.

    I've taken up my full entitlement and some more - some shareholders may not have ...we will know soon.




 
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Last
40.5¢
Change
0.030(8.00%)
Mkt cap ! $39.86M
Open High Low Value Volume
37.5¢ 40.5¢ 37.5¢ $110.6K 281.3K

Buyers (Bids)

No. Vol. Price($)
1 1500 40.0¢
 

Sellers (Offers)

Price($) Vol. No.
40.5¢ 10754 2
View Market Depth
Last trade - 16.10pm 28/05/2024 (20 minute delay) ?
Last
40.5¢
  Change
0.030 ( 8.00 %)
Open High Low Volume
38.0¢ 40.5¢ 38.0¢ 19287
Last updated 15.59pm 28/05/2024 ?
MGT (ASX) Chart
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