hi yuyu, i spoke with the guy with 3 million sell order yesterday. He's been in the stock for a while.
wasn't a pump and dump, there wasn't a dump, price fell back because because buyers thought there was a large seller in the market.
it's pretty clear to me that there will be a capital raising soon, don't know whether it'll be a placement or a rights issue. Placement is good as it will bring some more insto money in, rights issue we get to buy additional shares at a discount...raising may be both part placement and part rights.
seller 3 million at 16c, page-8
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Last
68.0¢ |
Change
0.000(0.00%) |
Mkt cap ! $62.19M | |||
| Open | High | Low | Value | Volume |
| 68.0¢ | 68.0¢ | 67.5¢ | $14.10K | 20.75K |
Buyers (Bids)
| No. | Vol. | Price($) |
|---|---|---|
| 1 | 4919 | 68.0¢ |
Sellers (Offers)
| Price($) | Vol. | No. |
|---|---|---|
| 69.0¢ | 25477 | 1 |
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| Last trade - 11.59am 16/10/2024 (20 minute delay) ? |
| MYG (ASX) Chart |