I would like to know how much INL want/needs to get from the SPP. The money raised will be going to general running of the company until one of the agreements starts to produce some income.
so how much do they need to keep afloat?
with regards to this statement:
"it certainly cannot be seen as beneficial to shareholders"
its a bit of a catch22 for people already invested.
If we take the doom and gloom way: if we take up the SPP the share price will then drop lower than 1.5c and we might get a chance at one of the deals going through.
If we dont take up the SPP then the company will run out of money and we will loose anyway.
so how much do INL need to keep running?
to buy or not to buy, page-159
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Last
52.5¢ |
Change
-0.005(0.94%) |
Mkt cap ! $99.64M | |||
| Open | High | Low | Value | Volume |
| 53.5¢ | 53.5¢ | 51.5¢ | $138.7K | 267.1K |
Buyers (Bids)
| No. | Vol. | Price($) |
|---|---|---|
| 2 | 26774 | 53.0¢ |
Sellers (Offers)
| Price($) | Vol. | No. |
|---|---|---|
| 54.5¢ | 8000 | 1 |
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| Last trade - 13.19pm 15/11/2024 (20 minute delay) ? |
| SDV (ASX) Chart |