MKG 6.25% 1.7¢ mako gold limited

Ann: Release of Restricted Securities from Escrow, page-3

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  1. 236 Posts.
    lightbulb Created with Sketch. 14
    When these release of shares normally happens, share price will take a dive from my experience. In Mako case, that's just too big numbers 10.365M shares to dilute now... specially when it hasn't really picked up any traction lately. It hasn't even gone 20%+ on top of IPO price. I think this is a huge mistake already by the management. By the look of it, they were only targeting to release the 12 months due shares. I'm holder, I might have to bell out when the share price hit $.25+, and come back again when it takes a dive. Very tricky to be putting your shareholders through this even for short term perspective.
 
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Last
1.7¢
Change
0.001(6.25%)
Mkt cap ! $8.386M
Open High Low Value Volume
1.7¢ 1.7¢ 1.7¢ $510 30K

Buyers (Bids)

No. Vol. Price($)
5 5480018 1.6¢
 

Sellers (Offers)

Price($) Vol. No.
1.7¢ 1820164 5
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Last trade - 10.04am 18/11/2024 (20 minute delay) ?
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