They currently have 172m shares on issue so that is upto an additional 28m shares, well short of 40% dilution. My personal belief is the potential 28m additional shares would be for working capital to pay wages while they get the plant built.
VUL megathread, page-7111
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Last
$5.54 |
Change
0.040(0.73%) |
Mkt cap ! $953.2M | |||
| Open | High | Low | Value | Volume |
| $5.51 | $5.55 | $5.32 | $5.113M | 931.8K |
Buyers (Bids)
| No. | Vol. | Price($) |
|---|---|---|
| 3 | 12226 | $5.52 |
Sellers (Offers)
| Price($) | Vol. | No. |
|---|---|---|
| $5.55 | 29719 | 9 |
View Market Depth
| Last trade - 16.10pm 23/05/2024 (20 minute delay) ? |
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Last
$5.52 |
Change
0.040 ( 1.34 %) |
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| Open | High | Low | Volume | ||
| $5.52 | $5.55 | $5.33 | 114625 | ||
| Last updated 15.59pm 23/05/2024 ? | |||||
| VUL (ASX) Chart |