I think the outcome for MAH's share price following the capital raising will center around what the money will be used for.
If MAH bcan demonstrate that the injections of funds will be used to increase working capital in order to complete additional work over the next 1 - 2 years this will be a positive for the company.
If there is no specific use for the funds (simply raising money to restore balance sheet after cash burn of past 5 months) I think that it will be a material negative for the stock.
We will see on Friday I suppose.
Good luck to all
DYOR
- Forums
- ASX - By Stock
- trading halt
I think the outcome for MAH's share price following the capital...
-
-
- There are more pages in this discussion • 19 more messages in this thread...
You’re viewing a single post only. To view the entire thread just sign in or Join Now (FREE)
Add MAH (ASX) to my watchlist
|
|||||
Last
33.0¢ |
Change
-0.005(1.49%) |
Mkt cap ! $711.1M |
Open | High | Low | Value | Volume |
33.5¢ | 34.0¢ | 32.0¢ | $1.625M | 4.947M |
Buyers (Bids)
No. | Vol. | Price($) |
---|---|---|
2 | 165910 | 32.5¢ |
Sellers (Offers)
Price($) | Vol. | No. |
---|---|---|
33.5¢ | 130020 | 4 |
View Market Depth
No. | Vol. | Price($) |
---|---|---|
1 | 93926 | 0.325 |
1 | 100000 | 0.320 |
2 | 95000 | 0.315 |
2 | 91665 | 0.310 |
3 | 62000 | 0.305 |
Price($) | Vol. | No. |
---|---|---|
0.335 | 80020 | 3 |
0.340 | 297936 | 2 |
0.345 | 49985 | 3 |
0.350 | 337000 | 6 |
0.355 | 79450 | 4 |
Last trade - 16.10pm 23/08/2024 (20 minute delay) ? |
MAH (ASX) Chart |
The Watchlist
SER
STRATEGIC ENERGY RESOURCES LIMITED
David DeTata, Managing Director
David DeTata
Managing Director
SPONSORED BY The Market Online