Come on Footmax the cost of borrowed funds is low atm.
Previously when rates were at 2/3/4% that was abnormally low and cheap.
The company could have borrowed funds today and when the share price was higher carried out a CR then
The price has been manipulated down IMO to do a cheap raise.
While the Directors issue themselves FREE PERFORMANCE shares each year this CR is an ABSOLUTE JOKE to say the least.
Ann: Entitlement Offer to Raise up to $10.8 Milion, page-54
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14.0¢ |
Change
0.010(7.69%) |
Mkt cap ! $58.54M | |||
| Open | High | Low | Value | Volume |
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| No. | Vol. | Price($) |
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| Price($) | Vol. | No. |
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