I don't agree with that. $1.30 is 39 cents lower than our closing price. We will now have further dilution and the price on market will likely drop to the CR price, or lower. A capital raising for institutional investors, in any market will be snapped up, more so if the news from the FDA is positive. A 39 cent discount with positive FDA news in hand? Makes me wonder what that communication from the FDA is saying...
Media article before Ann, page-11
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Last
29.5¢ |
Change
0.000(0.00%) |
Mkt cap ! $103.1M | |||
| Open | High | Low | Value | Volume |
| 30.0¢ | 30.0¢ | 29.5¢ | $34.55K | 115.6K |
Buyers (Bids)
| No. | Vol. | Price($) |
|---|---|---|
| 5 | 40478 | 29.5¢ |
Sellers (Offers)
| Price($) | Vol. | No. |
|---|---|---|
| 30.5¢ | 10000 | 1 |
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| Last trade - 16.10pm 22/07/2024 (20 minute delay) ? |
| PAR (ASX) Chart |