Sorry but I don't see a big issue with the extension. Just about every cap raise I've been involved in has caused an extension to a trading halt.
I'm not overly happy about the raise or the largest of it but as far as the sausage making goes I don't see this as a problem to fret over. Its just sorting the paper work, herding a few cats and getting some signatures. The business has not halted, it only affects the sale or transfer of shares.
Ann: Extension to voluntary suspension, page-7
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Last
66.0¢ |
Change
0.030(4.76%) |
Mkt cap ! $90.65M | |||
| Open | High | Low | Value | Volume |
| 65.0¢ | 75.0¢ | 65.0¢ | $173.5K | 255.4K |
Buyers (Bids)
| No. | Vol. | Price($) |
|---|---|---|
| 2 | 16972 | 66.0¢ |
Sellers (Offers)
| Price($) | Vol. | No. |
|---|---|---|
| 73.0¢ | 7500 | 1 |
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| Last trade - 16.10pm 31/07/2024 (20 minute delay) ? |
| SMN (ASX) Chart |