I reckon pay Peterbdon to write the updates.
Finance - a discounted Rights Issue for existing holders say 1 for 5 eg (5 cents) with an option at a premium (eg 10cents) in 18 months.
Noting I'd rather see higher prices all round, but I think the fairest thing for holders is a rights issue so we all maintain a proportional holding.
I hate any SPP etc that provides a window for new comers, its unfair to long termers, looks desperate, and traders sell into any rally.
just my two bob.
Oscar
yesterdays announcement, page-15
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Last
1.3¢ |
Change
0.000(0.00%) |
Mkt cap ! $2.966M | |||
| Open | High | Low | Value | Volume |
| 0.0¢ | 0.0¢ | 0.0¢ | $0 | 0 |
Buyers (Bids)
| No. | Vol. | Price($) |
|---|---|---|
| 2 | 143919 | 1.3¢ |
Sellers (Offers)
| Price($) | Vol. | No. |
|---|---|---|
| 1.5¢ | 251000 | 1 |
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