Placement through Pattersons:
Highlights:
• Placement of 194 million shares to raise $3.5 million (before costs)
• Placement price of 1.8 cents per share plus one accompanying unlisted option at exercise price of 3.0 cents per option per three shares placed expiring 18 months from grant
• Placement price is a discount of 14% to Melbana’s last traded price and the 10 day VWAP of 2.1 cents per share
• Demand in excess of funds sought and introduced a number of new institutional investors to the Melbana register; scale back applied
Trading Halt, page-5
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Last
2.0¢ |
Change
0.000(0.00%) |
Mkt cap ! $67.40M | |||
| Open | High | Low | Value | Volume |
| 2.0¢ | 2.1¢ | 2.0¢ | $37.57K | 1.856M |
Buyers (Bids)
| No. | Vol. | Price($) |
|---|---|---|
| 37 | 11509043 | 2.0¢ |
Sellers (Offers)
| Price($) | Vol. | No. |
|---|---|---|
| 2.1¢ | 1523856 | 5 |
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| Last trade - 16.10pm 09/08/2024 (20 minute delay) ? |
| MAY (ASX) Chart |