MTC - Trading Halt
Great news and some not so great.
The cobalt spin-out has been withdrawn. This is great news as now we get to keep 100% of the assett compared to the 35% if spun-out, and now no need to buy more shares in it. Company determined it was more profitable to hold it, and I'm sure their new cornerstone investor agreed too. Board restructuring also occurring.
Capital raising also occuring. Any share price will make for the last sub 20c buying opportunity. Time to double down again; is that allowed?
Short Term Trading Week Starting: Tues 3rd Apr, page-295
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Last
8,586.9 |
Change
-23.500(0.27%) |
Mkt cap ! n/a | |||
| Open | High | Low |
| 8,610.4 | 8,644.8 | 8,585.3 |
| XAO (ASX) Chart |