MNQ need that Notice of Meeting out and this capital raise out of the way. Until then there are too many uncertainties that investors do not want to risk themselves to.
The bid stack is utterly hopeless and the fact people are willing to sell even at these low levels says to me its being manipulated. Its no wonder the ASX have decided to halt all RTOs until the paperwork is done. Mind you the macroeconomic climate isn't helping.
ePat's day in the sun will come, but not during this transition period - The fundamentals on this stock have not changed.
MNQ Price at posting:
1.3¢ Sentiment: Hold Disclosure: Held