The last 3B lodgement stated that they can issue a maximum of 135,941,285 shares under rule 7.1A. So unless they are going to pay approx 18c they will not raise $25m. IMO they are looking to raise up to $12m max. Also I think that this CR will not be open to existing shareholders and will be a private placement only.
Ann: Trading Halt, page-178
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$17.91 |
Change
-0.090(0.50%) |
Mkt cap ! $344.2M | |||
| Open | High | Low | Value | Volume |
| $18.00 | $18.10 | $17.75 | $74.32K | 4.151K |
Buyers (Bids)
| No. | Vol. | Price($) |
|---|---|---|
| 1 | 681 | $17.90 |
Sellers (Offers)
| Price($) | Vol. | No. |
|---|---|---|
| $18.25 | 100 | 1 |
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