I can live with a 10% raising at 8-8.5c, that might be enough actual share equity to see us through for a long time and there aint anything we can do about it. Although I doubt they will do a CR.
A major raising ($100m+) at that todays price though, prior to results of A2 which could substantially increase shareprice, therby reducing future dilution and even the need to dilute, would be a bad result and IMO highly unlikely.
How much longer do FAR have to exercise right to raise up to 10%? Is it 30 June or prior to AGM?
Todays closeing price, page-65
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Last
49.0¢ |
Change
0.005(1.03%) |
Mkt cap ! $45.28M | |||
| Open | High | Low | Value | Volume |
| 48.5¢ | 49.0¢ | 48.5¢ | $20.17K | 41.30K |
Buyers (Bids)
| No. | Vol. | Price($) |
|---|---|---|
| 1 | 18011 | 49.0¢ |
Sellers (Offers)
| Price($) | Vol. | No. |
|---|---|---|
| 49.5¢ | 30000 | 1 |
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| Last trade - 16.10pm 23/07/2024 (20 minute delay) ? |
| FAR (ASX) Chart |