12.5% of $4m to retail holders and 87.5% to Sophs and institutions at 43% discount (sp $0.007 on day of announcement) along with 53% dilution (1.196b shares now to become 2.568b). Seems fair.
Only 99% of shareholders voted in favor.
Ann: SHARE PURCHASE PLAN CLOSES EARLY AND OVERSUBSCRIBED, page-15
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Last
11.5¢ |
Change
0.000(0.00%) |
Mkt cap ! $16.40M | |||
| Open | High | Low | Value | Volume |
| 11.5¢ | 11.5¢ | 11.5¢ | $1.946K | 16.92K |
Buyers (Bids)
| No. | Vol. | Price($) |
|---|---|---|
| 6 | 47114 | 11.5¢ |
Sellers (Offers)
| Price($) | Vol. | No. |
|---|---|---|
| 12.0¢ | 3722 | 1 |
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| Last trade - 11.17am 30/07/2024 (20 minute delay) ? |
| LAT (ASX) Chart |