This must have been leaking to the market.
It explains why the share price has been so weak post results.
The smart money might have realized that the amalgamation was a leader into a cap raise.
Hugely diluting --- new shares will be 60%? of total shares.
AUD $.80 ----that is all they could get.
Shareholders forum on cap raise.
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Last
$1.01 |
Change
0.025(2.54%) |
Mkt cap ! $290.3M | |||
| Open | High | Low | Value | Volume |
| 99.5¢ | $1.01 | 99.5¢ | $282.9K | 283.6K |
Buyers (Bids)
| No. | Vol. | Price($) |
|---|---|---|
| 1 | 50000 | $1.00 |
Sellers (Offers)
| Price($) | Vol. | No. |
|---|---|---|
| $1.01 | 120089 | 2 |
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| Last trade - 16.10pm 04/10/2024 (20 minute delay) ? |
| KSL (ASX) Chart |