Don't see why everyone is so happy about this. Over 20% dilution and at a discount.
Why was it discounted if it was so oversubscribed. Surely they could have got money raised at a premium with less dilution if that is the case? For sure good to have money in the bank though.
Oversubscribed $25M!!! Boom, page-6
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0.3¢ |
Change
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Mkt cap ! $86.67M | |||
| Open | High | Low | Value | Volume |
| 0.3¢ | 0.3¢ | 0.2¢ | $10.05K | 3.566M |
Buyers (Bids)
| No. | Vol. | Price($) |
|---|---|---|
| 152 | 214316072 | 0.2¢ |
Sellers (Offers)
| Price($) | Vol. | No. |
|---|---|---|
| 0.3¢ | 581110328 | 194 |
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| 88E (ASX) Chart |