it the price is to ruin the market confidence, then I prefer no CR but open the IW2 lid first. and indeed, what the excuse they gave, maybe its not told the truth yet, but at least, what they told the market is just basically, we need money to keep playing....im not buying that. I think not many people would be convinced a 25% discount the current market price while the SP is heading north is a smart blue, except you know IW2 will fail....
From LSE on proposed raising, page-90
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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 |