So retail investors have the choice of stretching themselves with participation in the raising .
If this gets to production , what is to stop issue of another 80% of equity i.e. 44.4% equity in the new enlarged share base .
The only thing I can think of is that if Kerogen cannot go beyond 49.9% there is no incentive for further raisings .
sale of 25% interest in bowland prospect, page-21
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Last
0.8¢ |
Change
-0.001(11.1%) |
Mkt cap ! $11.00M | |||
| Open | High | Low | Value | Volume |
| 0.8¢ | 0.8¢ | 0.7¢ | $26.23K | 3.739M |
Buyers (Bids)
| No. | Vol. | Price($) |
|---|---|---|
| 3 | 672000 | 0.7¢ |
Sellers (Offers)
| Price($) | Vol. | No. |
|---|---|---|
| 0.8¢ | 1271116 | 7 |
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| Last trade - 16.10pm 14/11/2024 (20 minute delay) ? |
| AJL (ASX) Chart |