JoJo
I suggest that you have to re-work your numbers. The second tranch is looking for only $7.2 mill. Divide that by 2200 odd share holders is only #3200 per share holder. That is an easy ask and there seems little chance that an SPP would fail -especially with a share price in excess of 60c.
I strongly suggest that there is no riak to existing holders to vote "no" to the existing proposal. In fact I can't see any reason to vote yes.
very quiet this morning, page-12
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Last
1.8¢ |
Change
0.000(0.00%) |
Mkt cap ! $43.90M | |||
| Open | High | Low | Value | Volume |
| 1.9¢ | 1.9¢ | 1.8¢ | $22.79K | 1.262M |
Buyers (Bids)
| No. | Vol. | Price($) |
|---|---|---|
| 23 | 5760763 | 1.8¢ |
Sellers (Offers)
| Price($) | Vol. | No. |
|---|---|---|
| 1.9¢ | 6739209 | 19 |
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| Last trade - 14.55pm 29/07/2024 (20 minute delay) ? |
| VMS (ASX) Chart |