There is a simplier explaination for this. Desperation for self consolation. Irrational behaviour.
No matter from which perspective, 50% dilution at 0.18c will be a daylight robbery. Unless, you are a new investor looking to buy a piece of this company for pennies of the dollar, there's nothing for the Existing Shareholder to celebrate about.
Ann: Landmark $125 million capital raising, page-31
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Last
34.5¢ |
Change
0.000(0.00%) |
Mkt cap ! $2.346B | |||
| Open | High | Low | Value | Volume |
| 34.5¢ | 35.5¢ | 34.0¢ | $4.566M | 13.13M |
Buyers (Bids)
| No. | Vol. | Price($) |
|---|---|---|
| 20 | 513095 | 34.0¢ |
Sellers (Offers)
| Price($) | Vol. | No. |
|---|---|---|
| 34.5¢ | 90200 | 4 |
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| Last trade - 16.10pm 15/10/2024 (20 minute delay) ? |
| VAU (ASX) Chart |