How could it not cause dilution?
If the cap raise is done at 1.7c you are looking at an additional 60M shares being added to your shares on issue if you are to raise 1M cash and if CNBM have pulled out as it looks, you will have to raise more like 4M
Ann: Trading Halt, page-28
-
- There are more pages in this discussion • 158 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 VRC (ASX) to my watchlist
 (20min delay)
|
|||||
|
Last
0.4¢ |
Change
-0.001(12.5%) |
Mkt cap ! $14.55M | |||
| Open | High | Low | Value | Volume |
| 0.4¢ | 0.4¢ | 0.4¢ | $2.184K | 552.6K |
Buyers (Bids)
| No. | Vol. | Price($) |
|---|---|---|
| 40 | 75918292 | 0.3¢ |
Sellers (Offers)
| Price($) | Vol. | No. |
|---|---|---|
| 0.4¢ | 5239231 | 7 |
View Market Depth
| Last trade - 13.31pm 04/10/2024 (20 minute delay) ? |
| VRC (ASX) Chart |