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...
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Last
$1.09 |
Change
0.005(0.46%) |
Mkt cap ! $1.047B | |||
| Open | High | Low | Value | Volume |
| $1.12 | $1.12 | $1.07 | $1.717M | 1.586M |
Buyers (Bids)
| No. | Vol. | Price($) |
|---|---|---|
| 33 | 49333 | $1.09 |
Sellers (Offers)
| Price($) | Vol. | No. |
|---|---|---|
| $1.09 | 105373 | 15 |
View Market Depth
| Last trade - 15.48pm 02/09/2024 (20 minute delay) ? |
| DYL (ASX) Chart |