I'd prefer PH2 not dilute shares at all.
Finance repaid within a few years is always preferable to 100's of millions of additional shares. Not to mention the State and Federal Government grants which are constantly under review.
However, if they must; I hope it's only offered to Institutional Investors, there's been more than ample time for retail investors to accumulate at low prices, and it's not like the merger had been a secret or accomplished overnight.
Ann: Trading Halt, page-5
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Last
11.5¢ |
Change
0.000(0.00%) |
Mkt cap ! $42.95M | |||
| Open | High | Low | Value | Volume |
| 11.5¢ | 11.5¢ | 11.0¢ | $13.70K | 119.6K |
Buyers (Bids)
| No. | Vol. | Price($) |
|---|---|---|
| 36 | 612044 | 11.0¢ |
Sellers (Offers)
| Price($) | Vol. | No. |
|---|---|---|
| 11.5¢ | 213507 | 4 |
View Market Depth
| Last trade - 15.32pm 19/11/2024 (20 minute delay) ? |
| PH2 (ASX) Chart |