It is now obvious why the sp has been suppressed. And the b______s are getting 87.5 m shares at 20 c.
The management must be too close to Locantro (Argonaut).
How can a capital raising at 20c be completed when the valuation of MMI is around 32 - 40 c?
Why would management capital raise now at the lowest point in the sp cycle in 12 months and provide a glowing project update at the same time?
It would appear as though the ordinary shareholder has been duped again with a glaring sweetheart deal.
Maybe this is the real reason why the previous CFO resigned.
Keep the Faith
Investors Unite
It is now obvious why the sp has been suppressed. And the...
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Last
4.7¢ |
Change
0.001(2.17%) |
Mkt cap ! $279.1M | |||
| Open | High | Low | Value | Volume |
| 4.7¢ | 4.8¢ | 4.6¢ | $522.7K | 11.18M |
Buyers (Bids)
| No. | Vol. | Price($) |
|---|---|---|
| 5 | 3640922 | 4.6¢ |
Sellers (Offers)
| Price($) | Vol. | No. |
|---|---|---|
| 4.8¢ | 2972414 | 9 |
View Market Depth
| Last trade - 16.10pm 28/06/2024 (20 minute delay) ? |
| MMI (ASX) Chart |