The raise will be at a discount to the market price. So likely somewhere from 50 to 60 cents per share. Share price normally goes to capital raising price in the short term, particularly if it is just operating capital required. There will probably be significant dilution as market cap is so low (i.e. under $30M).
Ann: Trading Halt, page-6
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43.5¢ |
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Mkt cap ! $19.80M | |||
| Open | High | Low | Value | Volume |
| 0.0¢ | 0.0¢ | 0.0¢ | $0 | 0 |
Buyers (Bids)
| No. | Vol. | Price($) |
|---|---|---|
| 1 | 10000 | 48.0¢ |
Sellers (Offers)
| Price($) | Vol. | No. |
|---|---|---|
| 51.0¢ | 2000 | 1 |
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