I think that's a fair assumption around the quantum required, but don't think they'll have too many problems taking on debt/making a placement if the SPP isn't fully subscribed. Having said that, I was expecting debt instead of a spp - so who really knows?
Ann: MEL Investor Presentation June 2024, page-23
Add MEL (ASX) to my watchlist
 (20min delay)
|
|||||
|
Last
0.4¢ |
Change
0.000(0.00%) |
Mkt cap ! $5.830M | |||
| Open | High | Low | Value | Volume |
| 0.0¢ | 0.0¢ | 0.0¢ | $0 | 0 |
Buyers (Bids)
| No. | Vol. | Price($) |
|---|---|---|
| 12 | 23324328 | 0.3¢ |
Sellers (Offers)
| Price($) | Vol. | No. |
|---|---|---|
| 0.4¢ | 16110188 | 12 |
View Market Depth
| Last trade - 16.10pm 02/10/2024 (20 minute delay) ? |
| MEL (ASX) Chart |
Day chart unavailable