No chance of raising that much at these levels, too much dilution at current prices.
I expect they will raise $3m to $4m - enough to progress things to mid FY09 when news flow and (hopefully) market improvement will see the share price heading back up for the next raising.
ann. out, page-5
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Last
1.9¢ |
Change
0.000(0.00%) |
Mkt cap ! $43.06M | |||
| Open | High | Low | Value | Volume |
| 2.0¢ | 2.0¢ | 1.9¢ | $85.22K | 4.327M |
Buyers (Bids)
| No. | Vol. | Price($) |
|---|---|---|
| 16 | 5373154 | 1.9¢ |
Sellers (Offers)
| Price($) | Vol. | No. |
|---|---|---|
| 2.0¢ | 421948 | 1 |
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| Last trade - 16.10pm 04/07/2024 (20 minute delay) ? |
| VMS (ASX) Chart |