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.
- Forums
- ASX - By Stock
- Whoop whoop alert
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)
Featured News
Add DYL (ASX) to my watchlist
(20min delay)
|
|||||
Last
$1.44 |
Change
-0.065(4.32%) |
Mkt cap ! $1.406B |
Open | High | Low | Value | Volume |
$1.50 | $1.52 | $1.41 | $5.001M | 3.452M |
Buyers (Bids)
No. | Vol. | Price($) |
---|---|---|
44 | 38009 | $1.44 |
Sellers (Offers)
Price($) | Vol. | No. |
---|---|---|
$1.45 | 21120 | 26 |
View Market Depth
No. | Vol. | Price($) |
---|---|---|
48 | 46078 | 1.440 |
22 | 183888 | 1.435 |
13 | 109902 | 1.430 |
9 | 103007 | 1.425 |
7 | 28415 | 1.420 |
Price($) | Vol. | No. |
---|---|---|
1.445 | 19529 | 25 |
1.450 | 51337 | 20 |
1.455 | 85636 | 17 |
1.460 | 191298 | 18 |
1.465 | 39409 | 11 |
Last trade - 15.25pm 07/10/2024 (20 minute delay) ? |
Featured News
DYL (ASX) Chart |