Ann: Renounceable Rights Issue, page-57

  1. 15,571 Posts.
    lightbulb Created with Sketch. 2787
    One thing does perplex me about the options. BIT had the option at going for a CR when the SP was much better but stated that the options were the preferred method of obtaining funds.

    That raises a question, doesn't it? Why did BIT then basically not issue any communications to shareholders which resulted in the SP plunging to a point where exercising the options became a non-event?

    Why did BIT do nothing to protect the SP?
 
Add to My Watchlist
What is My Watchlist?
A personalised tool to help users track selected stocks. Delivering real-time notifications on price updates, announcements, and performance stats on each to help make informed investment decisions.
(20min delay)
Last
0.2¢
Change
0.000(0.00%)
Mkt cap ! $2.654M
Open High Low Value Volume
0.2¢ 0.2¢ 0.2¢ $210 104.8K

Buyers (Bids)

No. Vol. Price($)
64 38848316 0.2¢
 

Sellers (Offers)

Price($) Vol. No.
0.3¢ 18281126 25
View Market Depth
Last trade - 12.28pm 27/06/2025 (20 minute delay) ?
BIT (ASX) Chart
arrow-down-2 Created with Sketch. arrow-down-2 Created with Sketch.