MOO 0.00% 0.2¢ monto minerals ltd

the capital raising price is not the 'market value' the market...

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  1. 28,706 Posts.
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    the capital raising price is not the 'market value'

    the market value is whatever the share price is on the ASX

    if you buy today at 0.002, you are buying at 9 cents post-consolidation

    if MOO makes a mega announcement between now & the capital raising, the capital raising subscribers many not sell any shares so the market price may be 10 cents or 20 cents or $10!

    i have already posted that i hope to buy shares at 6 cents, post capital raising

    what the market price is depends on if the capital raising subscribers sell or don't sell for profit taking

    the post capital raising market price could return to 5 cents, could fall below 5 cents or could be more than 5 cents

    THE POINT IS, if you buy today, you are buying at a price that is 80% higher than the capital raising price

    regards
 
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