Today is April 26. Exactly a year ago - on April 26, 2022 - IPT announced a rights issue to raise up to $6m.
Issue price was 1.1c., a 27% discount to the then current price of 1.5c.
At the time, chairman Peter Unsworth said “...With this rights issue Impact will be funded for two to three years."
I trust directors offer some explanation for their decision to now contradict their chairman's forecast.
They're due to post details of the latest CR - along with the March Quarterly - on Friday this week.
Ann: Trading Halt, page-20
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Last
1.4¢ |
Change
0.001(3.85%) |
Mkt cap ! $41.30M | |||
| Open | High | Low | Value | Volume |
| 1.4¢ | 1.4¢ | 1.3¢ | $9.712K | 741.3K |
Buyers (Bids)
| No. | Vol. | Price($) |
|---|---|---|
| 25 | 7838272 | 1.3¢ |
Sellers (Offers)
| Price($) | Vol. | No. |
|---|---|---|
| 1.4¢ | 1811762 | 4 |
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| Last trade - 15.57pm 15/08/2024 (20 minute delay) ? |
| IPT (ASX) Chart |