ELS 8.33% 44.0¢ elsight limited

Has ELS just taken us for a Ride?

  1. 95 Posts.
    lightbulb Created with Sketch. 21
    The company raised 11 mio net.

    We - shareholders - paid 657'000 AUD

    The company granted them 11 mio ELSOA - let's be very conservative and assume they are worth 15 cts

    I make the value of the options 1.65 mio AUD

    Total cost to shareholders - 2.3 mio AUD to raise 11 mio - or expressed differently and 21% of proceeds raised.


    Am I wrongly thinking that we have just been had?
 
watchlist Created with Sketch. Add ELS (ASX) to my watchlist
(20min delay)
Last
44.0¢
Change
-0.040(8.33%)
Mkt cap ! $66.56M
Open High Low Value Volume
45.5¢ 46.5¢ 44.0¢ $37.28K 82.29K

Buyers (Bids)

No. Vol. Price($)
3 6180 44.0¢
 

Sellers (Offers)

Price($) Vol. No.
46.5¢ 6000 1
View Market Depth
Last trade - 16.10pm 27/06/2024 (20 minute delay) ?
ELS (ASX) Chart
arrow-down-2 Created with Sketch. arrow-down-2 Created with Sketch.