MGT 1.35% 37.5¢ magnetite mines limited.

Ann: Renounceable Rights Issue to Raise up to $6.2M, page-3

  1. 405 Posts.
    lightbulb Created with Sketch. 131
    The math does math, to me 3 for 11 is a 27% dilution? but they are giving only a 25% discount on the last price?

    Am I working this out correct? and haven't included the dilution from the free options, only if they are in the money in 18 months?
    giving an 18 month timeline on options at .45c when current price is .4 is not showing much faith in growth?
 
watchlist Created with Sketch. Add MGT (ASX) to my watchlist
(20min delay)
Last
37.5¢
Change
0.005(1.35%)
Mkt cap ! $36.91M
Open High Low Value Volume
37.5¢ 37.5¢ 37.0¢ $41.24K 111.4K

Buyers (Bids)

No. Vol. Price($)
2 21693 37.0¢
 

Sellers (Offers)

Price($) Vol. No.
37.5¢ 9812 2
View Market Depth
Last trade - 15.36pm 11/06/2024 (20 minute delay) ?
Last
37.0¢
  Change
0.005 ( 0.00 %)
Open High Low Volume
37.0¢ 37.0¢ 37.0¢ 6400
Last updated 10.27am 11/06/2024 ?
MGT (ASX) Chart
arrow-down-2 Created with Sketch. arrow-down-2 Created with Sketch.