I also appreciate CASSON group coordinating the additional funds as without them we will not trade but resolution 9 looks to change the value from 2.5c to 1c per share. Effectively changing the issues shares from 60M to 150M. Another large percentage of dilution.
I haven't done the sums but at a guess when all is said and done I think we are looking at needing to top up individual holdings by approx 30% to avoid the dilution.
As I have posted on another thread I will be looking at the open to top up any loose hands to offset the additional issues shares.
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Last
0.9¢ |
Change
0.000(0.00%) |
Mkt cap ! $19.09M |
Open | High | Low | Value | Volume |
0.9¢ | 0.9¢ | 0.8¢ | $9.081K | 1.060M |
Buyers (Bids)
No. | Vol. | Price($) |
---|---|---|
31 | 10013083 | 0.8¢ |
Sellers (Offers)
Price($) | Vol. | No. |
---|---|---|
0.9¢ | 4024919 | 8 |
View Market Depth
No. | Vol. | Price($) |
---|---|---|
29 | 9263083 | 0.008 |
12 | 9666000 | 0.007 |
6 | 5050000 | 0.006 |
6 | 7700200 | 0.005 |
2 | 1100000 | 0.004 |
Price($) | Vol. | No. |
---|---|---|
0.009 | 3774919 | 5 |
0.010 | 3270000 | 9 |
0.011 | 1773333 | 5 |
0.012 | 4105001 | 3 |
0.013 | 4837794 | 9 |
Last trade - 16.10pm 26/07/2024 (20 minute delay) ? |
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PIL (ASX) Chart |