VXL has not been taken over, the Administrators/New Board are proposing a name change to Quantum Graphite. Existing shareholders will be diluted to <12% of the company if existing shareholders agree to the deed of arrangement, Chimera will own ~80% with other creditors having ~8-10% of the company.
Then there will have to be a Cap Raise of some sort, further dilution to existing shareholders unless they participate.
Would you put more money in?
MIT scientists create super strong, lightweight 3D graphene, page-16
-
- There are more pages in this discussion • 12 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 SER (ASX) to my watchlist
 (20min delay)
|
|||||
|
Last
2.4¢ |
Change
-0.001(4.00%) |
Mkt cap ! $16.05M | |||
| Open | High | Low | Value | Volume |
| 2.5¢ | 2.6¢ | 2.4¢ | $30.28K | 1.217M |
Buyers (Bids)
| No. | Vol. | Price($) |
|---|---|---|
| 5 | 890574 | 2.3¢ |
Sellers (Offers)
| Price($) | Vol. | No. |
|---|---|---|
| 2.5¢ | 555800 | 4 |
View Market Depth
| Last trade - 12.13pm 03/09/2024 (20 minute delay) ? |
| SER (ASX) Chart |