True to some extent, they could probably do a cap raising at 35c, however they would need to find the buyers first, and rules 7.1 and 7.1A come into play.
The market would be pricing in the likely 15% dilution already.
Ann: Lucapa Acquires High-Quality Advanced Mothae Kimberlite, page-69
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Last
4.2¢ |
Change
-0.001(2.33%) |
Mkt cap ! $12.18M | |||
| Open | High | Low | Value | Volume |
| 4.3¢ | 4.3¢ | 4.2¢ | $6.548K | 154.9K |
Buyers (Bids)
| No. | Vol. | Price($) |
|---|---|---|
| 1 | 240000 | 4.1¢ |
Sellers (Offers)
| Price($) | Vol. | No. |
|---|---|---|
| 4.4¢ | 112000 | 1 |
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