Unfortunately, you are right. They raise the money offering deep discounts and this is how they spend it. The only losers are the shareholders who get more and more dilution at lower and lower prices.
Thats it Gold is offically on the back burner, page-59
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Mkt cap ! $9.76M | |||
| Open | High | Low | Value | Volume |
| 1.0¢ | 1.0¢ | 1.0¢ | $500 | 50K |
Buyers (Bids)
| No. | Vol. | Price($) |
|---|---|---|
| 23 | 4152342 | 0.9¢ |
Sellers (Offers)
| Price($) | Vol. | No. |
|---|---|---|
| 1.0¢ | 1758098 | 3 |
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| Last trade - 10.04am 14/06/2024 (20 minute delay) ? |
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| Open | High | Low | Volume | ||
| 0.9¢ | 0.9¢ | 0.9¢ | 270750 | ||
| Last updated 10.34am 14/06/2024 ? | |||||
| MKG (ASX) Chart |