my understanding is that they are seeking to raise $4 million at 85 cents with discretion to take a further $2 million is oversubscribed. Money is to tide them over until Sonic deal consummated. So very little dilution overall and a conservative but prudent management of their capital position. At this stage is looks like only sophs will get a look in. Euroz currently have a $1.55 price target in them but that is under review and doesn’t take account of the likely positive impact of the Sonic transaction.
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Last
$1.01 |
Change
-0.010(0.98%) |
Mkt cap ! $137.5M |
Open | High | Low | Value | Volume |
$1.03 | $1.06 | $1.01 | $59.13K | 57.63K |
Buyers (Bids)
No. | Vol. | Price($) |
---|---|---|
1 | 1828 | $1.01 |
Sellers (Offers)
Price($) | Vol. | No. |
---|---|---|
$1.03 | 2500 | 1 |
View Market Depth
No. | Vol. | Price($) |
---|---|---|
1 | 1828 | 1.005 |
2 | 10011 | 1.000 |
1 | 1482 | 0.995 |
2 | 17600 | 0.990 |
1 | 438 | 0.985 |
Price($) | Vol. | No. |
---|---|---|
1.025 | 2500 | 1 |
1.035 | 1132 | 2 |
1.040 | 1500 | 1 |
1.045 | 2100 | 1 |
1.050 | 5254 | 1 |
Last trade - 11.33am 12/07/2024 (20 minute delay) ? |
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PIQ (ASX) Chart |