The last cap raise was under subscribed so that’s a clear indication that the market thought it was overpriced.
If it was that cheap, then why wasn’t it oversubscribed?
I certainly thought that they should’ve waited and asked for more, but the market clearly didn’t agree.
I thought it was so underpriced, I took up 1m, which was about 30% more than my entitlement.
July is MOU month, page-9
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Last
0.6¢ |
Change
0.000(0.00%) |
Mkt cap ! $11.91M | |||
| Open | High | Low | Value | Volume |
| 0.6¢ | 0.6¢ | 0.6¢ | $2.449K | 410.2K |
Buyers (Bids)
| No. | Vol. | Price($) |
|---|---|---|
| 27 | 15993481 | 0.5¢ |
Sellers (Offers)
| Price($) | Vol. | No. |
|---|---|---|
| 0.6¢ | 7788101 | 4 |
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| Last trade - 16.10pm 23/08/2024 (20 minute delay) ? |
| SRN (ASX) Chart |