Let's look at what actually happened today!
When it went into a trading halt at $0.029, the company was worth $85.6m.
Today it closed at $0.025 after increasing the shares issued by 32%, valuing the company at $97.4m.
That is an increase of 14% in the value of the company today.
For the value to remain the same after the issue as before, it should have closed today at $0.022.
Conclusion: this capital raising has (so far) been very favourably received by the market.
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 (20min delay)
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Last
19.0¢ |
Change
-0.010(5.00%) |
Mkt cap ! $22.85M | |||
| Open | High | Low | Value | Volume |
| 20.0¢ | 20.0¢ | 19.0¢ | $16.38K | 85.07K |
Buyers (Bids)
| No. | Vol. | Price($) |
|---|---|---|
| 3 | 24452 | 19.0¢ |
Sellers (Offers)
| Price($) | Vol. | No. |
|---|---|---|
| 19.5¢ | 16978 | 1 |
View Market Depth
| Last trade - 16.10pm 18/09/2025 (20 minute delay) ? |
| TOE (ASX) Chart |