Just re-read my last post and it may seem a little ambiguous.
What I meant was that we float DIA with for an expected A$50 market cap. We (ADO) retain 50% of the shares (A$25m) and we pocket the other half of funds raised in the IPO (less costs). Obviously a windfall of this nature and capital injection back to ADO would have a corresponding impact on share price. Perhaps even restoring it back to the last cap raising of 7.5c. In addition, it would provide a future source of funds to draw on by offering further public offerings in our remaining DIA listed 50% holding.
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Last
2.1¢ |
Change
0.000(0.00%) |
Mkt cap ! $51.83M |
Open | High | Low | Value | Volume |
2.1¢ | 2.2¢ | 2.1¢ | $3.414K | 161.6K |
Buyers (Bids)
No. | Vol. | Price($) |
---|---|---|
4 | 384663 | 2.1¢ |
Sellers (Offers)
Price($) | Vol. | No. |
---|---|---|
2.2¢ | 616353 | 6 |
View Market Depth
No. | Vol. | Price($) |
---|---|---|
4 | 384663 | 0.021 |
12 | 2157550 | 0.020 |
10 | 3040767 | 0.019 |
10 | 1652665 | 0.018 |
3 | 94160 | 0.017 |
Price($) | Vol. | No. |
---|---|---|
0.022 | 616353 | 6 |
0.023 | 857853 | 5 |
0.024 | 1306228 | 3 |
0.025 | 214144 | 4 |
0.027 | 680612 | 2 |
Last trade - 16.10pm 12/07/2024 (20 minute delay) ? |
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