2 UP
2 reasons
Firstly, "Under the offer each eligible shareholder may apply for up to $30,000 worth of new shares" , so they could only apply for $30k worth each according to the SPP offer, which they did.
Secondly, the SPP was for $4M with $2.4M raised leaving a gap of $1.6M. I'm sure they are very well off but I think at $533K extra each that is some pretty expensive coffee.
2 UP2 reasonsFirstly, "Under the offer each eligible shareholder...
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Last
1.0¢ |
Change
-0.001(9.09%) |
Mkt cap ! $35.00M | |||
| Open | High | Low | Value | Volume |
| 1.0¢ | 1.0¢ | 1.0¢ | $28.68K | 2.868M |
Buyers (Bids)
| No. | Vol. | Price($) |
|---|---|---|
| 5 | 2643214 | 1.0¢ |
Sellers (Offers)
| Price($) | Vol. | No. |
|---|---|---|
| 1.1¢ | 2453420 | 8 |
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| Last trade - 10.30am 08/05/2024 (20 minute delay) ? |
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Last
1.1¢ |
Change
-0.001 ( 4.55 %) |
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| Open | High | Low | Volume | ||
| 1.0¢ | 1.1¢ | 1.0¢ | 1289692 | ||
| Last updated 11.18am 08/05/2024 ? | |||||
| STM (ASX) Chart |