This is a slap in the face to retail investors. The company is diluting the value of shares and not even giving retail investors a chance to be involved and minimize their losses.
I wouldn't be surprised if the share price heads below 90 cents at some point.
capital raising of $45m, page-5
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Last
19.0¢ |
Change
0.000(0.00%) |
Mkt cap ! $119.2M | |||
| Open | High | Low | Value | Volume |
| 19.0¢ | 19.3¢ | 18.5¢ | $271.3K | 1.427M |
Buyers (Bids)
| No. | Vol. | Price($) |
|---|---|---|
| 2 | 164827 | 19.0¢ |
Sellers (Offers)
| Price($) | Vol. | No. |
|---|---|---|
| 19.5¢ | 171477 | 4 |
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| Last trade - 16.10pm 19/07/2024 (20 minute delay) ? |
| CCV (ASX) Chart |