Hi guys,
how will the issue of these shares affect the SP come monday - if at all??
Due to the addition of 100 million extra shares @ 2.5c will that dillute existing shareholders and therefore reduce the SP further? From an SP perspective, does SP normally react the same way as if a cap raising was done at this price? (I would think not, but have had no experience with this, so asking the question)
Or will it be seen as a sign of confidence and drive the SP higher
or non of the above? ; )
appreciate your thoughts.
PB
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Open | High | Low | Value | Volume |
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2 | 250000 | 0.031 |
3 | 342966 | 0.030 |
1 | 41475 | 0.029 |
2 | 60000 | 0.020 |
Price($) | Vol. | No. |
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0.036 | 280000 | 1 |
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