Fact is virtually every cap raise SP drifts down towards that price, for a tiny cap raise of $ 12 million with this kind of discount and cheap options was a disgrace. How long before another tap on the shoulder for another raise...ALA going to need much more dollars than this. Right?
Uttsy clearly you aren't in the market to maximise returns, there was no reasonable decision making and such a discount for just $12 million.
Now i know there is always the blind faith, complete trust numpty holders such as yourself but the fact is the SP is much lower than 15 cents.
SP thats all that matters. No doubt according to you it's retails fault for this , pointed out the cross trades to you that weren't retail.Bit quiet there weren't you.
Want to see how a cap raise should be done look at PYC. Over $70 million raise everyone gets a chance and the SP HIGHER than the cap raise.
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16.0¢ |
Change
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Mkt cap ! $168.2M |
Open | High | Low | Value | Volume |
16.0¢ | 16.5¢ | 15.5¢ | $140.9K | 877.5K |
Buyers (Bids)
No. | Vol. | Price($) |
---|---|---|
8 | 345704 | 15.5¢ |
Sellers (Offers)
Price($) | Vol. | No. |
---|---|---|
16.0¢ | 3094 | 1 |
View Market Depth
No. | Vol. | Price($) |
---|---|---|
8 | 345704 | 0.155 |
14 | 1097575 | 0.150 |
6 | 229940 | 0.145 |
5 | 169046 | 0.140 |
6 | 242000 | 0.135 |
Price($) | Vol. | No. |
---|---|---|
0.160 | 3094 | 1 |
0.165 | 630509 | 8 |
0.170 | 725702 | 9 |
0.175 | 864999 | 8 |
0.180 | 1139230 | 6 |
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