Something I haven't seen mentioned is the dilution that this SPP is bringing on us. If they raise 38 million, that's issuing nearly 20% more shares that are outstanding. That means that all of our shares are now worth about 15-20% less. I would suggest that's one of the reasons that we've drifted down to these levels.
for fellow cheer leaders eyes only, page-9
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Last
40.0¢ |
Change
-0.005(1.23%) |
Mkt cap ! $581.0M | |||
| Open | High | Low | Value | Volume |
| 41.0¢ | 41.5¢ | 39.5¢ | $1.576M | 3.906M |
Buyers (Bids)
| No. | Vol. | Price($) |
|---|---|---|
| 1 | 2506 | 39.5¢ |
Sellers (Offers)
| Price($) | Vol. | No. |
|---|---|---|
| 40.0¢ | 8079 | 1 |
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| Last trade - 16.10pm 13/09/2024 (20 minute delay) ? |
| IMM (ASX) Chart |