The obvious risk for traders (those are the people looking for a quick buck in arbitrage) is that the share price and or the depth ends up being pathetic and they cant get out for more than 43cents.
If you liked MAK as an investment at any time over the past 2 years, then you would probably take up the rights (if you liked it at $1, $2 or $3 you should love it at 43c).
I think it will be 'under subscribed' in that i dont believe there will be as much demand as people thought. That said, i think the company will have achieved a great part of what they set out to achieve - raising enough capital to get/keep the ball rolling.
I am undecided, but will probably take up btw 7500 and 15000 (the recent weakness has worried me - for the part of my take up that was to be a trade)
good luck everyone
PIB
The obvious risk for traders (those are the people looking for a...
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Last
0.5¢ |
Change
0.000(0.00%) |
Mkt cap ! $11.74M | |||
| Open | High | Low | Value | Volume |
| 0.5¢ | 0.5¢ | 0.5¢ | $4.891K | 978.1K |
Buyers (Bids)
| No. | Vol. | Price($) |
|---|---|---|
| 5 | 7284260 | 0.5¢ |
Sellers (Offers)
| Price($) | Vol. | No. |
|---|---|---|
| 0.6¢ | 8324063 | 12 |
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| Last trade - 16.10pm 21/06/2024 (20 minute delay) ? |
| AEV (ASX) Chart |