Yep, ex-date trading is next Monday (05/08), meaning that the last date for anyone wishing to acquire on-market, in order to secure their eligibility, is tomorrow (Fri 02/08).
Why on earth anyone would rush to purchase more shares on-market, in order to secure a higher number of entitlements, is another question entirely.
After the dust settles and this raising wraps up, and depending on just how successful it is (i.e. how many new shares end up getting issued) the resultant near-term dilution will mean a 0.3c SP will be the new 0.4c SP... until the money from this round runs out and the bottle gets spun again.
Ann: Entitlement Offer to Accelerate Exploration Activities, page-24
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Last
0.3¢ |
Change
-0.001(14.3%) |
Mkt cap ! $12.61M | |||
| Open | High | Low | Value | Volume |
| 0.4¢ | 0.4¢ | 0.3¢ | $37.74K | 10.75M |
Buyers (Bids)
| No. | Vol. | Price($) |
|---|---|---|
| 115 | 80906859 | 0.3¢ |
Sellers (Offers)
| Price($) | Vol. | No. |
|---|---|---|
| 0.4¢ | 62123539 | 48 |
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| POS (ASX) Chart |