MGT sold 15% of the company at the MARKET price to get money in at the bottom of the market when no-one else was looking to invest - sold to a smart, proven investor in the U space who says he will put more in when required - they bring in the best MD out there - with a proven track record and also find a way to move the PDN shares to another investor. All that generates an increase in sp increase of circa 500% and an increase in market cap. of c €50m.
Thank God you aren't running the company. Grow up.
There were many more sellers than buyers over the last two years and everyone who is a long term supporter had chances to get in at 0.3c/0.4c/0.5c/0.6c/o.7c and lower their average cost but didn't see too many doing so.
MGT sold 15% of the company at the MARKET price to get money in...
-
- There are more pages in this discussion • 28 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 DYL (ASX) to my watchlist
 (20min delay)
|
|||||
|
Last
$1.44 |
Change
0.010(0.70%) |
Mkt cap ! $1.396B | |||
| Open | High | Low | Value | Volume |
| $1.41 | $1.45 | $1.40 | $6.668M | 4.658M |
Buyers (Bids)
| No. | Vol. | Price($) |
|---|---|---|
| 1 | 4758 | $1.43 |
Sellers (Offers)
| Price($) | Vol. | No. |
|---|---|---|
| $1.44 | 2147 | 1 |
View Market Depth
| Last trade - 16.10pm 27/09/2024 (20 minute delay) ? |
| DYL (ASX) Chart |