MTH 6.25% 42.5¢ mithril silver and gold limited

Ann: Trading Halt, page-6

ANNOUNCEMENT SPONSORED BY PLUS500
ANNOUNCEMENT SPONSORED BY PLUS500
CFD TRADING PLATFORM
CFD Service. Your Capital is at risk
CFD TRADING PLATFORM CFD Service. Your Capital is at risk
ANNOUNCEMENT SPONSORED BY PLUS500
CFD TRADING PLATFORM CFD Service. Your Capital is at risk
  1. 123 Posts.
    lightbulb Created with Sketch. 72
    This is great news to finally get this out of the way

    But its probably fair to say that

    Management knew they needed cash, and "negotiated" it with a corporate adviser some time ago, but said adviser was not going to be paying anything above 2 cents

    Astute management would have raised when we were hovering around the 3 cent area, but the truth of the matter is, the company has no leverage to command a higher raising price.

    Thankfully, its still a small register, the market cap is very cheap, and this should set it up for another go around.

    Maybe we need to see a few people moved on, to give the company a new direction ?
 
watchlist Created with Sketch. Add MTH (ASX) to my watchlist
(20min delay)
Last
42.5¢
Change
0.025(6.25%)
Mkt cap ! $21.13M
Open High Low Value Volume
40.5¢ 43.0¢ 40.0¢ $266.6K 638.5K

Buyers (Bids)

No. Vol. Price($)
2 30000 42.0¢
 

Sellers (Offers)

Price($) Vol. No.
42.5¢ 49201 1
View Market Depth
Last trade - 16.10pm 15/11/2024 (20 minute delay) ?
MTH (ASX) Chart
arrow-down-2 Created with Sketch. arrow-down-2 Created with Sketch.