As expected, and in contradiction to the title of this thread, shorts are actually closing out while the share price is is at record 2-year lows, with the most recent SP hammering ostensibly brought on by the company share Placement and SPP announced 18 August 2023, which IMO, defied logic!
I suspect this was the method in the madness in consideration of the SPP terms, which effectively funds the recent CAR-T IP acquisition without impacting the various trial programs funding, enabling shareholder participation on seemingly favourable terms, while affording the shorts an opportunity to close out at 2-year share price lows. Will this be the turning point in the tide?
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Shorters Building Up, page-62
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Last
6.1¢ |
Change
0.001(1.67%) |
Mkt cap ! $446.5M |
Open | High | Low | Value | Volume |
6.0¢ | 6.3¢ | 5.8¢ | $1.661M | 27.74M |
Buyers (Bids)
No. | Vol. | Price($) |
---|---|---|
3 | 513999 | 6.1¢ |
Sellers (Offers)
Price($) | Vol. | No. |
---|---|---|
6.2¢ | 51941 | 2 |
View Market Depth
No. | Vol. | Price($) |
---|---|---|
3 | 513999 | 0.061 |
11 | 998194 | 0.060 |
9 | 968491 | 0.059 |
12 | 1283310 | 0.058 |
10 | 1089599 | 0.057 |
Price($) | Vol. | No. |
---|---|---|
0.062 | 51941 | 2 |
0.063 | 688842 | 8 |
0.064 | 100000 | 1 |
0.065 | 889345 | 8 |
0.066 | 539500 | 3 |
Last trade - 16.10pm 05/06/2024 (20 minute delay) ? |
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Last
6.2¢ |
  |
Change
0.001 ( 4.38 %) |
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Open | High | Low | Volume | ||
6.0¢ | 6.2¢ | 5.8¢ | 10422066 | ||
Last updated 15.59pm 05/06/2024 ? |
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MAGNUM MINING AND EXPLORATION LIMITED
Neil Goodman, MD
Neil Goodman
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