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.
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It is now obvious why the sp has been suppressed. And the...
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Last
3.4¢ |
Change
-0.001(2.86%) |
Mkt cap ! $202.4M |
Open | High | Low | Value | Volume |
3.6¢ | 3.6¢ | 3.4¢ | $1.040M | 30.36M |
Buyers (Bids)
No. | Vol. | Price($) |
---|---|---|
9 | 2535065 | 3.3¢ |
Sellers (Offers)
Price($) | Vol. | No. |
---|---|---|
3.5¢ | 660892 | 6 |
View Market Depth
No. | Vol. | Price($) |
---|---|---|
9 | 2535065 | 0.033 |
8 | 1025793 | 0.032 |
5 | 622225 | 0.031 |
5 | 3217000 | 0.030 |
1 | 800000 | 0.028 |
Price($) | Vol. | No. |
---|---|---|
0.035 | 660892 | 6 |
0.036 | 907848 | 2 |
0.037 | 564000 | 3 |
0.038 | 363533 | 4 |
0.039 | 1350000 | 3 |
Last trade - 16.10pm 17/09/2024 (20 minute delay) ? |
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MMI (ASX) Chart |