I agree with you teras, you will soon be able to buy them cheaper on the market.
When a company wants to raise money and accepts a much lower price, i.e. 5.3 cents it is what the company values itself at. Even though the shares were trading at 6.9 cents.
The market will now value it lower, will we see the 2's in the future??
I can see the SPP being a complete failure. Although the directors have indicated that they will participate, will they take up their full entitlement??????????
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78.0¢ |
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Mkt cap ! $155.8M |
Open | High | Low | Value | Volume |
79.0¢ | 79.0¢ | 78.0¢ | $5.094K | 6.467K |
Buyers (Bids)
No. | Vol. | Price($) |
---|---|---|
1 | 1500 | 78.0¢ |
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Price($) | Vol. | No. |
---|---|---|
79.0¢ | 551 | 1 |
View Market Depth
No. | Vol. | Price($) |
---|---|---|
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2 | 18831 | 0.760 |
1 | 5538 | 0.740 |
1 | 1309 | 0.700 |
1 | 7246 | 0.690 |
Price($) | Vol. | No. |
---|---|---|
0.790 | 551 | 1 |
0.800 | 2436 | 1 |
0.830 | 10355 | 1 |
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