Page 43 of the prospectus allows to the underwriter to cancel its agreement if the share price closes lower than 7 cents for any 3 consecutive days before the offer closes. An intelligent board and ceo would be motivated to see this does not happen.
Ann: Dispatch of Prospectus & Entitlement & Acceptance Form, page-6
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Last
5.6¢ |
Change
0.001(1.82%) |
Mkt cap ! $32.66M | |||
| Open | High | Low | Value | Volume |
| 5.5¢ | 5.6¢ | 5.4¢ | $12.02K | 220.8K |
Buyers (Bids)
| No. | Vol. | Price($) |
|---|---|---|
| 2 | 69665 | 5.4¢ |
Sellers (Offers)
| Price($) | Vol. | No. |
|---|---|---|
| 5.6¢ | 21815 | 1 |
View Market Depth
| Last trade - 15.57pm 27/05/2024 (20 minute delay) ? |
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Last
5.5¢ |
Change
0.001 ( 1.85 %) |
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| Open | High | Low | Volume | ||
| 5.5¢ | 5.5¢ | 5.5¢ | 48298 | ||
| Last updated 15.08pm 27/05/2024 ? | |||||
| VRX (ASX) Chart |