FB
I would support your proposal of cap raising with staggered options. As you say provides enough capital to expand for 12-18months and if they do a half decent job then option tranches will be exercised.
Benefits - no loss of control, dilution not an issue if people take up there options, company gets expansion funding.
The only thing not to like is the BOD couldn't come up with something similar off their own bat. Doesn't say much for the BOD.
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Last
14.0¢ |
Change
0.005(3.70%) |
Mkt cap ! $40.11M |
Open | High | Low | Value | Volume |
13.5¢ | 14.0¢ | 13.5¢ | $802 | 5.754K |
Buyers (Bids)
No. | Vol. | Price($) |
---|---|---|
1 | 14865 | 13.5¢ |
Sellers (Offers)
Price($) | Vol. | No. |
---|---|---|
14.0¢ | 19859 | 1 |
View Market Depth
No. | Vol. | Price($) |
---|---|---|
1 | 14865 | 0.135 |
6 | 71439 | 0.130 |
2 | 11763 | 0.125 |
3 | 37787 | 0.120 |
2 | 18181 | 0.110 |
Price($) | Vol. | No. |
---|---|---|
0.140 | 19859 | 1 |
0.150 | 144463 | 7 |
0.155 | 18648 | 2 |
0.160 | 82359 | 5 |
0.165 | 36616 | 2 |
Last trade - 16.10pm 08/10/2024 (20 minute delay) ? |
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