Yes, a capital raise this size is great for EEG. But however small, volatile or speccy a stock is doesn’t give its management more licence. A company should always treat all shareholders equally.
It would have been a simple mechanical decision to offer all shareholders to participate at the same price, and can be rectified now.
Ann: Empire Completes $46.8 Million Capital Raise, page-39
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Last
25.5¢ |
Change
-0.005(1.92%) |
Mkt cap ! $259.3M | |||
| Open | High | Low | Value | Volume |
| 26.0¢ | 26.0¢ | 25.0¢ | $131.3K | 521.0K |
Buyers (Bids)
| No. | Vol. | Price($) |
|---|---|---|
| 3 | 271221 | 25.5¢ |
Sellers (Offers)
| Price($) | Vol. | No. |
|---|---|---|
| 26.5¢ | 30000 | 1 |
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| Last trade - 14.12pm 23/08/2024 (20 minute delay) ? |
| EEG (ASX) Chart |