MTH 6.25% 42.5¢ mithril silver and gold limited

This is probably the biggest bag of bullshit SPP i have ever...

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  1. 123 Posts.
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    This is probably the biggest bag of bullshit SPP i have ever seen

    If a group wanted to, the could hold the share price at ransom, forcing people to sell and move on pushing this all the way down 0.005 if they wanted too, depending on how much ammo they had, then the raise would be done at 0.004 if it meets the conditions.

    I cant remember seeing an SPP done like this before, the price is usually agreed upon based on the last closing price of the stock before trading halt.

    I see absolutely no reason why pattersons would want the share price higher, they will want it as low as possible, so they can get as many shares as possible, so they have a bigger controlling stake in the company.

    Management should be walked for this rubbish.
 
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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
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Last trade - 16.10pm 15/11/2024 (20 minute delay) ?
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