This is pretty much an RTO, only they used the comparisons of the projects to bypass chapters 1 & 2. Smart thinking.
Not surprised the $10M is coming from overseas, because there'd be a very low chance raising that much here in Australia. Still not 100% the full $10M will be raised to be honest, given current macro conditions globally.
Old holders getting crunched 1:5. Let's hope the current major holders are given an opportunity to take part in the raise to average down, or we may see bulk of the 92M shares being dumped in a hurry once this relists.
News: CYY Coventry Resources seeks trading halt, page-26
-
- There are more pages in this discussion • 2 more messages in this thread...
You’re viewing a single post only. To view the entire thread just sign in or Join Now (FREE)
Add PXX (ASX) to my watchlist
 (20min delay)
|
|||||
|
Last
1.2¢ |
Change
0.000(0.00%) |
Mkt cap ! $24.60M | |||
| Open | High | Low | Value | Volume |
| 1.2¢ | 1.2¢ | 1.2¢ | $2.401K | 200.0K |
Buyers (Bids)
| No. | Vol. | Price($) |
|---|---|---|
| 2 | 1037499 | 1.2¢ |
Sellers (Offers)
| Price($) | Vol. | No. |
|---|---|---|
| 1.3¢ | 638837 | 2 |
View Market Depth
| Last trade - 10.06am 12/07/2024 (20 minute delay) ? |
| PXX (ASX) Chart |