So management must be confident of the Nasdaq IPO funding coming through soon to be pledging their shares.
Allows a loan facility to provide funding leading into the Nasdaq IPO.
Meaning dilution is avoided with this loan facility available
So concern of a capital raise whilst the share price is low has been mitigated
Ann: Appointment of Underwriter and Share Dealing, page-7
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Last
81.5¢ |
Change
0.000(0.00%) |
Mkt cap ! $24.71M | |||
| Open | High | Low | Value | Volume |
| 82.5¢ | 83.0¢ | 81.5¢ | $4.644K | 5.615K |
Buyers (Bids)
| No. | Vol. | Price($) |
|---|---|---|
| 1 | 1056 | 81.5¢ |
Sellers (Offers)
| Price($) | Vol. | No. |
|---|---|---|
| 83.5¢ | 45916 | 1 |
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| Last trade - 14.32pm 08/11/2024 (20 minute delay) ? |
| RLT (ASX) Chart |