You'll probably find they are trying not to repeat the errors of ODN. So ODN had to do a rights issue at 1.2cents to complete their DD. This most likely is what impacted their meteoric share-price rise. Whereas, EXM are doing it early, so they don't have to do it again and have $$ to complete their DD once they have an acquisition.
Just a theory.
Ann: Placement under Listing Rule 7.1 using the 15% capacity, page-14
-
- There are more pages in this discussion • 26 more messages in this thread...
You’re viewing a single post only. To view the entire thread just sign in or Join Now (FREE)
Add DSE (ASX) to my watchlist
 (20min delay)
|
|||||
|
Last
$2.77 |
Change
0.000(0.00%) |
Mkt cap ! $193.5M | |||
| Open | High | Low | Value | Volume |
| $2.74 | $2.78 | $2.62 | $52.50K | 19.04K |
Buyers (Bids)
| No. | Vol. | Price($) |
|---|---|---|
| 1 | 10000 | $2.57 |
Sellers (Offers)
| Price($) | Vol. | No. |
|---|---|---|
| $2.78 | 708 | 1 |
View Market Depth
| Last trade - 16.10pm 28/06/2024 (20 minute delay) ? |
| DSE (ASX) Chart |