They can't cap raise more than 15% per 12 months. 214m shares is 15%, they used it all (213.6)
'The issuing company will need to comply with the requirements of the ASX Listing Rules in making the offer. These include: not issuing more than 15% of its capital in any 12 months period:'
15% dilution took the current .115 to equiv .97.75 c likely why we closed at what we did.
Today? Gofigure
Ann: Up to A$20 Million Equity Raising, page-101
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Last
4.1¢ |
Change
-0.002(4.65%) |
Mkt cap ! $68.18M | |||
| Open | High | Low | Value | Volume |
| 4.3¢ | 4.4¢ | 4.1¢ | $227.7K | 5.423M |
Buyers (Bids)
| No. | Vol. | Price($) |
|---|---|---|
| 9 | 1119901 | 4.1¢ |
Sellers (Offers)
| Price($) | Vol. | No. |
|---|---|---|
| 4.2¢ | 30000 | 2 |
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| Last trade - 16.10pm 05/07/2024 (20 minute delay) ? |
| LKE (ASX) Chart |