The poison pill argument makes some sense to me. However, if the board decides to raise capital at this point in time, it means the board is aligned with the CEO and management team. In this case, the board can easily reject the offer, and there is no need to destruct shareholder value by issuing new capital at low prices.
The poison pill argument makes some sense to me. However, if the...
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10.5¢ |
Change
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Mkt cap ! $64.70M | |||
| Open | High | Low | Value | Volume |
| 10.5¢ | 10.5¢ | 10.0¢ | $73.85K | 708.8K |
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| No. | Vol. | Price($) |
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| 50 | 1965667 | 10.0¢ |
Sellers (Offers)
| Price($) | Vol. | No. |
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| 10.5¢ | 242503 | 5 |
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| Last trade - 16.10pm 14/06/2024 (20 minute delay) ? |
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10.5¢ |
Change
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| Open | High | Low | Volume | ||
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| Last updated 15.59pm 14/06/2024 ? | |||||
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