i think the point you missed, is the fact that the company was approached by Daniel and Hongmen to cornerstone.....additionally, they were approached by a group via Fresh, and, the directors also threw in.....it was not a raise instigated by the board.....and...i am perfectly comfortable with it.....
nobody can expect a young company to expand with no money....and....i suspect, the entry of Hongmen may be a precursor to possible introductions in the Asian market.....i certainly wouldnt want to see SIS front possible business proposition's with our pockets hanging out....
you are correct....they did not NEED to raise, but took the opportunity when offered cash....why wouldnt you?
the market has rubber stamped it.... i have no issue ...
- Forums
- ASX - By Stock
- SIS
- Ann: Successful Completion of Placement
Ann: Successful Completion of Placement, page-30
-
- There are more pages in this discussion • 14 more messages in this thread...
You’re viewing a single post only. To view the entire thread just sign in or Join Now (FREE)
Featured News
Add SIS (ASX) to my watchlist
(20min delay)
|
|||||
Last
0.3¢ |
Change
0.000(0.00%) |
Mkt cap ! $2.260M |
Open | High | Low | Value | Volume |
0.3¢ | 0.3¢ | 0.3¢ | $1.445K | 481.7K |
Buyers (Bids)
No. | Vol. | Price($) |
---|---|---|
3 | 2904990 | 0.3¢ |
Sellers (Offers)
Price($) | Vol. | No. |
---|---|---|
0.4¢ | 5562587 | 6 |
View Market Depth
No. | Vol. | Price($) |
---|---|---|
3 | 2904990 | 0.003 |
6 | 4833666 | 0.002 |
10 | 24600034 | 0.001 |
0 | 0 | 0.000 |
0 | 0 | 0.000 |
Price($) | Vol. | No. |
---|---|---|
0.004 | 4024400 | 4 |
0.005 | 975000 | 2 |
0.006 | 1669999 | 2 |
0.007 | 140001 | 1 |
0.008 | 187500 | 1 |
Last trade - 14.50pm 18/10/2024 (20 minute delay) ? |
Featured News
SIS (ASX) Chart |