The CR was forseen with the company already announcing they would be launching their bnpl offering in a few weeks time.
They only had 2 options which was a CR or raising debt. It would be more prudent for the initial round of bnpl funding to be equity raised than going into debt.
How many times oversubscribed will this one be this time. The last one was 5x oversubscribed!
Ann: Trading Halt, page-63
-
- There are more pages in this discussion • 395 more messages in this thread...
You’re viewing a single post only. To view the entire thread just sign in or Join Now (FREE)
Add OVT (ASX) to my watchlist
 (20min delay)
|
|||||
|
Last
0.6¢ |
Change
-0.001(14.3%) |
Mkt cap ! $7.440M | |||
| Open | High | Low | Value | Volume |
| 0.6¢ | 0.6¢ | 0.6¢ | $110.1K | 18.35M |
Buyers (Bids)
| No. | Vol. | Price($) |
|---|---|---|
| 2 | 221999 | 0.6¢ |
Sellers (Offers)
| Price($) | Vol. | No. |
|---|---|---|
| 0.7¢ | 4427311 | 11 |
View Market Depth
| Last trade - 16.10pm 12/07/2024 (20 minute delay) ? |
| OVT (ASX) Chart |