The cr ratio wasn't 1:1, it was 1.5:1
Your math is wrong too.
They had 135M shares pre raise and the currently have 339M shares on issue, so they added 205M
135M shares at $17 per share = $2.3b .. divide that by the current shares on issue .. $2.3b / 339M = $6.77
So if they reached the market cap that they were at their all time peak the price would be $6.77 with todays amount of shares on issue.
Dilution Calculation, page-5
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Last
$7.94 |
Change
-0.120(1.49%) |
Mkt cap ! $3.121B | |||
| Open | High | Low | Value | Volume |
| $8.08 | $8.09 | $7.93 | $3.325M | 416.9K |
Buyers (Bids)
| No. | Vol. | Price($) |
|---|---|---|
| 18 | 6446 | $7.93 |
Sellers (Offers)
| Price($) | Vol. | No. |
|---|---|---|
| $7.95 | 9813 | 16 |
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| Last trade - 11.58am 13/08/2024 (20 minute delay) ? |
| WEB (ASX) Chart |